Marshalls plc (LON:MSLH – Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 151 and traded as high as GBX 175.90. Marshalls shares last traded at GBX 173.50, with a volume of 2,094,594 shares trading hands.
Analysts Set New Price Targets
MSLH has been the topic of several recent research reports. Peel Hunt reissued a “buy” rating and set a GBX 250 price target on shares of Marshalls in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 248 price target on shares of Marshalls in a report on Tuesday, August 11th. Royal Bank Of Canada decreased their price target on shares of Marshalls from GBX 170 to GBX 165 and set a “sector perform” rating on the stock in a research note on Tuesday, August 11th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 360 price objective on shares of Marshalls in a report on Tuesday, August 11th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 255.75.
View Our Latest Report on MSLH
Marshalls Trading Up 4.7%
The company has a market cap of £440.28 million, a price-to-earnings ratio of 21.76, a PEG ratio of 0.17 and a beta of 1.28. The firm has a 50 day moving average price of GBX 162.98 and a two-hundred day moving average price of GBX 151.17. The company has a quick ratio of 1.34, a current ratio of 1.80 and a debt-to-equity ratio of 27.09.
Marshalls (LON:MSLH – Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported GBX 7.30 EPS for the quarter. Marshalls had a return on equity of 3.79% and a net margin of 3.18%. As a group, equities analysts forecast that Marshalls plc will post 18.23 earnings per share for the current year.
Insider Activity at Marshalls
In other news, insider Paul Inman bought 2,873 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average price of GBX 172 per share, for a total transaction of £4,941.56. Corporate insiders own 1.31% of the company’s stock.
About Marshalls
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.
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