Marshalls plc (MSLH) Given Average Rating of “Buy” by Analysts
Marshalls plc (LON:MSLH) has received an average recommendation of “Buy” from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 413.33 ($5.37).
Several research analysts have issued reports on MSLH shares. Peel Hunt increased their price target on Marshalls plc from GBX 365 ($4.74) to GBX 415 ($5.39) and gave the stock a “buy” rating in a report on Wednesday, May 10th. Jefferies Group LLC increased their price target on Marshalls plc from GBX 350 ($4.54) to GBX 430 ($5.58) and gave the stock a “buy” rating in a report on Monday, June 26th. Berenberg Bank started coverage on Marshalls plc in a report on Friday, May 12th. They issued a “hold” rating and a GBX 420 ($5.45) price target on the stock. Shore Capital reiterated a “buy” rating on shares of Marshalls plc in a report on Wednesday, May 10th. Finally, Numis Securities Ltd reiterated an “add” rating and issued a GBX 435 ($5.65) price target on shares of Marshalls plc in a report on Wednesday, May 10th.
Shares of Marshalls plc (MSLH) traded down 0.72% during midday trading on Tuesday, reaching GBX 387.30. The company had a trading volume of 65,818 shares. Marshalls plc has a 12-month low of GBX 257.20 and a 12-month high of GBX 422.80. The stock’s 50 day moving average is GBX 380.97 and its 200-day moving average is GBX 361.29. The stock’s market capitalization is GBX 763.95 million.
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About Marshalls plc
Marshalls plc is a United Kingdom-based company, which is engaged in supplying of hard landscaping products to both the domestic and public sector and commercial end markets. The Company’s segments include Landscape Products and Other. Its Landscape Products segment focuses on integrated production, logistics and distribution network supporting both end markets.
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