Marshalls plc (MSLH) Rating Increased to Buy at Berenberg Bank
Marshalls plc (LON:MSLH) was upgraded by investment analysts at Berenberg Bank to a “buy” rating in a research report issued to clients and investors on Thursday.
Several other equities analysts have also recently weighed in on the company. Shore Capital restated a “buy” rating on shares of Marshalls plc in a research note on Thursday, October 26th. Canaccord Genuity raised their price objective on Marshalls plc from GBX 415 ($5.46) to GBX 465 ($6.12) and gave the company a “hold” rating in a research note on Friday, October 20th. Jefferies Group LLC raised their price objective on Marshalls plc from GBX 490 ($6.44) to GBX 520 ($6.84) and gave the company a “buy” rating in a research note on Friday, October 20th. Numis Securities Ltd restated an “add” rating and set a GBX 500 ($6.58) price objective on shares of Marshalls plc in a research note on Thursday, October 19th. Finally, Peel Hunt raised their price objective on Marshalls plc from GBX 450 ($5.92) to GBX 490 ($6.44) and gave the company a “buy” rating in a research note on Thursday, October 19th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 460.83 ($6.06).
Shares of Marshalls plc (LON MSLH) traded down GBX 1.40 ($0.02) during trading hours on Thursday, reaching GBX 458.60 ($6.03). The company’s stock had a trading volume of 651,177 shares, compared to its average volume of 236,991. Marshalls plc has a fifty-two week low of GBX 268.90 ($3.54) and a fifty-two week high of GBX 486.60 ($6.40).
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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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