Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for Marshalls (LON:MSLH)

Key Points

• Deutsche Bank Aktiengesellschaft has reaffirmed a "buy" rating for Marshalls (LON:MSLH) with a target price of GBX 420 ($5.64), indicating a potential upside of 99.11% from its previous close.
• Other brokerages, including Royal Bank of Canada and Peel Hunt, have varied opinions, with RBC lowering their target to GBX 240 ($3.22) and Peel Hunt maintaining a buy rating at GBX 290 ($3.90).
• Marshalls reported a current stock price of GBX 210.94 ($2.83) and has a market cap of approximately £530.61 million.

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of Marshalls (LON:MSLH - Free Report) in a research note issued to investors on Monday, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a GBX 420 ($5.57) price target on the stock.

Several other equities analysts have also recently issued reports on the company. Peel Hunt reissued a "buy" rating and issued a GBX 290 ($3.85) price objective on shares of Marshalls in a report on Friday, July 25th. Berenberg Bank reduced their price target on Marshalls from GBX 420 ($5.57) to GBX 360 ($4.77) and set a "buy" rating for the company in a research report on Monday. Finally, Royal Bank Of Canada lowered their price objective on Marshalls from GBX 370 ($4.91) to GBX 240 ($3.18) and set a "sector perform" rating on the stock in a research report on Monday.

Marshalls Stock Performance

Marshalls stock traded up GBX 4.54 ($0.06) during mid-day trading on Monday, reaching GBX 207.04 ($2.75). 1,334,410 shares of the company traded hands, compared to its average volume of 1,367,974. The firm's fifty day moving average is GBX 264.02 and its two-hundred day moving average is GBX 259.32. The company has a market capitalization of £520.82 million, a price-to-earnings ratio of 24.18, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. Marshalls has a fifty-two week low of GBX 197.40 ($2.62) and a fifty-two week high of GBX 366 ($4.85). The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34.

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.