Shore Capital Reaffirms “Buy” Rating for Marshalls plc (MSLH)
Several other equities analysts have also recently weighed in on the company. Canaccord Genuity raised their price objective on Marshalls plc from GBX 415 ($5.48) to GBX 465 ($6.14) and gave the company a hold rating in a research note on Friday, October 20th. Jefferies Group LLC raised their target price on Marshalls plc from GBX 490 ($6.47) to GBX 520 ($6.86) and gave the company a buy rating in a research report on Friday, October 20th. Numis Securities Ltd reaffirmed an add rating and set a GBX 500 ($6.60) target price on shares of Marshalls plc in a research report on Thursday, October 19th. Finally, Peel Hunt raised their target price on Marshalls plc from GBX 450 ($5.94) to GBX 490 ($6.47) and gave the company a buy rating in a research report on Thursday, October 19th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Marshalls plc has a consensus rating of Buy and a consensus target price of GBX 460.83 ($6.08).
Marshalls plc (LON:MSLH) opened at 472.60 on Thursday. Marshalls plc has a one year low of GBX 257.20 and a one year high of GBX 484.20. The firm’s market capitalization is GBX 933.10 million. The company’s 50-day moving average is GBX 443.39 and its 200-day moving average is GBX 404.44.
The firm also recently announced a dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Thursday, October 19th will be given a dividend of GBX 3.40 ($0.04) per share. This represents a dividend yield of 0.8%. The ex-dividend date is Thursday, October 19th.
About Marshalls plc
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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