Marshalls plc (LON:MSLH) had its target price hoisted by Peel Hunt from GBX 415 ($5.29) to GBX 450 ($5.73) in a research note released on Monday. The brokerage currently has a buy rating on the stock.
A number of other research analysts have also issued reports on the stock. Berenberg Bank assumed coverage on shares of Marshalls plc in a research note on Friday, May 12th. They set a hold rating and a GBX 420 ($5.35) target price for the company. Numis Securities Ltd reissued an add rating and set a GBX 435 ($5.54) target price on shares of Marshalls plc in a research note on Wednesday, May 10th. Canaccord Genuity boosted their target price on shares of Marshalls plc from GBX 330 ($4.20) to GBX 375 ($4.78) and gave the company a hold rating in a research note on Wednesday, May 10th. Shore Capital reissued a buy rating on shares of Marshalls plc in a research note on Wednesday, May 10th. Finally, Panmure Gordon reissued a buy rating and set a GBX 370 ($4.71) target price on shares of Marshalls plc in a research note on Wednesday, March 15th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Marshalls plc currently has an average rating of Buy and a consensus target price of GBX 398.33 ($5.07).
Marshalls plc (LON MSLH) opened at 375.00 on Monday. Marshalls plc has a 12-month low of GBX 199.40 and a 12-month high of GBX 422.80. The stock’s market capitalization is GBX 739.69 million. The company’s 50-day moving average is GBX 395.21 and its 200 day moving average is GBX 335.48.
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In related news, insider Andrew Allner purchased 5,447 shares of Marshalls plc stock in a transaction dated Friday, April 21st. The stock was bought at an average cost of GBX 374 ($4.76) per share, with a total value of £20,371.78 ($25,954.62). Over the last ninety days, insiders bought 10,904 shares of company stock valued at $4,084,063.
Marshalls plc Company Profile
Marshalls plc is a United Kingdom-based company, which is engaged in supplying of hard landscaping products to both the domestic and public sector and commercial end markets. The Company’s segments include Landscape Products and Other. Its Landscape Products segment focuses on integrated production, logistics and distribution network supporting both end markets.
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