Royal Bank Of Canada Has Lowered Expectations for Marshalls (LON:MSLH) Stock Price

Marshalls (LON:MSLH) had its price objective lowered by equities researchers at Royal Bank Of Canada from GBX 240 to GBX 195 in a research report issued on Tuesday,Digital Look reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 20.44% from the company’s previous close.

Marshalls Stock Down 3.2%

Shares of LON MSLH opened at GBX 161.90 on Tuesday. Marshalls has a 12-month low of GBX 159.20 and a 12-month high of GBX 295. The firm’s 50-day simple moving average is GBX 176.15 and its 200 day simple moving average is GBX 187.52. The company has a quick ratio of 1.34, a current ratio of 1.86 and a debt-to-equity ratio of 33.19. The company has a market cap of £409.37 million, a price-to-earnings ratio of 17.22, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26.

Insider Buying and Selling at Marshalls

In related news, insider Simon Bourne acquired 40,000 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was purchased at an average price of GBX 172 per share, for a total transaction of £68,800. 1.05% of the stock is currently owned by corporate insiders.

Marshalls Company Profile

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.