Marshalls (LON:MSLH) Given Buy Rating at Peel Hunt

Key Points

• Peel Hunt reiterated its “buy” rating on Marshalls and maintained a GBX 250 price target, implying 39.21% upside from the previous close.
• Royal Bank of Canada cut its target from GBX 195 to GBX 170 and assigned a “sector perform” rating; overall, Marshalls has a “Moderate Buy” consensus and an average target of GBX 260.
• Marshalls shares opened at GBX 179.58, down 0.3%, while insiders have recently bought 568,762 shares, including a 547,000-share purchase by Justin Lockwood.

Marshalls (LON:MSLH - Get Free Report)'s stock had its "buy" rating reiterated by equities researchers at Peel Hunt in a report released on Monday,Digital Look reports. They currently have a GBX 250 target price on the stock. Peel Hunt's target price points to a potential upside of 39.21% from the company's previous close.

Separately, Royal Bank Of Canada lowered their price target on shares of Marshalls from GBX 195 to GBX 170 and set a "sector perform" rating on the stock in a research report on Wednesday, April 22nd. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of GBX 260.

Marshalls Trading Down 0.3%

LON:MSLH opened at GBX 179.58 on Monday. The company has a market capitalization of £454.14 million, a PE ratio of 32.07, a price-to-earnings-growth ratio of 0.17 and a beta of 1.27. The company has a quick ratio of 1.34, a current ratio of 1.78 and a debt-to-equity ratio of 27.74. Marshalls has a 52-week low of GBX 124 and a 52-week high of GBX 209.50. The stock has a fifty day simple moving average of GBX 147.84 and a 200-day simple moving average of GBX 149.57.

Marshalls (LON:MSLH - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported GBX 7.30 EPS for the quarter. Marshalls had a net margin of 2.28% and a return on equity of 2.17%. On average, equities research analysts expect that Marshalls will post 18.2342758 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Justin Lockwood acquired 547,000 shares of the company's stock in a transaction that occurred on Thursday, July 2nd. The stock was purchased at an average price of GBX 151 per share, for a total transaction of £825,970. Also, insider Paul Inman bought 3,940 shares of the business's stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of GBX 125 per share, with a total value of £4,925. Insiders have purchased 568,762 shares of company stock worth $85,342,894 over the last three months. 1.10% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source