Berenberg Bank assumed coverage on shares of Marlowe PLC (LON:MRL) in a research report sent to investors on Friday morning. The brokerage issued a buy rating and a GBX 500 ($6.47) price target on the stock.

Marlowe PLC (LON MRL) traded up 2.63% during trading on Friday, hitting GBX 390.00. The stock had a trading volume of 7,940 shares. Marlowe PLC has a 52 week low of GBX 165.00 and a 52 week high of GBX 439.50. The company’s market cap is GBX 120.57 million. The stock has a 50-day moving average price of GBX 388.78 and a 200-day moving average price of GBX 354.07.

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In other Marlowe PLC news, insider Nigel Jackson sold 1,000,000 shares of the firm’s stock in a transaction dated Wednesday, July 12th. The shares were sold at an average price of GBX 385 ($4.98), for a total transaction of £3,850,000 ($4,979,306.78).

Marlowe PLC Company Profile

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