Marshalls (LON:MSLH) Price Target Lowered to GBX 240 at Royal Bank Of Canada

Key Points

• Marshalls had its target price significantly reduced by Royal Bank Of Canada from GBX 370 to GBX 240, indicating a new potential upside of 13.91% from its current price.
• The company's stock opened at GBX 210.69 and has experienced a range with a 52-week low of GBX 197.40 and a 52-week high of GBX 366.
• Marshalls operates in the sustainable building solutions sector, with three trading divisions: Landscape Products, Roofing Products, and Building Products.

Marshalls (LON:MSLH - Get Free Report) had its target price cut by stock analysts at Royal Bank Of Canada from GBX 370 ($4.97) to GBX 240 ($3.22) in a report issued on Monday,London Stock Exchange reports. The brokerage currently has a "sector perform" rating on the stock. Royal Bank Of Canada's target price points to a potential upside of 13.91% from the company's current price.

Marshalls Stock Performance

Marshalls stock opened at GBX 210.69 ($2.83) on Monday. The stock has a fifty day moving average price of GBX 269.11 and a 200 day moving average price of GBX 260.48. Marshalls has a 52 week low of GBX 197.40 ($2.65) and a 52 week high of GBX 366 ($4.92). The firm has a market capitalization of £529.99 million, a P/E ratio of 24.61, a PEG ratio of 0.17 and a beta of 1.26. The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19.

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.

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