Marshalls (LON:MSLH) Receives "Buy" Rating from Berenberg Bank

Key Points

• Berenberg Bank has restated its "Buy" rating for Marshalls (LON:MSLH) and set a price target of GBX 360, indicating potential upside of 104.55% from its previous close.
• Other analysts have varying opinions on Marshalls, with price targets ranging from GBX 240 to GBX 420, while the average rating stands at "Moderate Buy" with a target price of GBX 327.50.
• Insider transactions indicate confidence in the company, with two insiders acquiring a combined total of 12,734 shares at prices around GBX 203 to GBX 206.

Marshalls (LON:MSLH - Get Free Report)'s stock had its "buy" rating restated by Berenberg Bank in a report issued on Monday, Marketbeat.com reports. They presently have a GBX 360 price objective on the stock. Berenberg Bank's target price would suggest a potential upside of 108.82% from the company's previous close.

Other research analysts have also issued research reports about the stock. Royal Bank Of Canada dropped their price target on shares of Marshalls from GBX 370 to GBX 240 and set a "sector perform" rating on the stock in a research note on Monday, July 28th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 420 target price on shares of Marshalls in a research report on Monday, July 28th. Finally, Peel Hunt reiterated a "buy" rating and issued a GBX 290 price objective on shares of Marshalls in a research note on Friday, July 25th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of GBX 327.50.

Marshalls Trading Down 0.7%

Shares of LON:MSLH traded down GBX 1.20 during mid-day trading on Monday, hitting GBX 172.40. The stock had a trading volume of 875,467 shares, compared to its average volume of 1,336,235. The company has a market cap of £435.92 million, a PE ratio of 1,834.04, a P/E/G ratio of 0.17 and a beta of 1.26. The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86. The company's 50 day moving average is GBX 209.62 and its 200-day moving average is GBX 245.02. Marshalls has a 12-month low of GBX 169.80 and a 12-month high of GBX 366.

Marshalls (LON:MSLH - Get Free Report) last released its quarterly earnings data on Monday, August 11th. The company reported GBX 6.60 earnings per share for the quarter. Marshalls had a net margin of 3.46% and a return on equity of 3.32%. On average, sell-side analysts predict that Marshalls will post 18.2342758 EPS for the current year.

Insiders Place Their Bets

In related news, insider Justin Lockwood purchased 5,000 shares of Marshalls stock in a transaction on Monday, August 11th. The stock was purchased at an average cost of GBX 203 per share, with a total value of £10,150. Also, insider Matt Pullen purchased 7,734 shares of Marshalls stock in a transaction on Monday, August 11th. The stock was bought at an average cost of GBX 206 per share, with a total value of £15,932.04. 1.05% of the stock is owned by corporate insiders.

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.