Marshalls (MSLH) Earns “Buy” Rating from Peel Hunt
Peel Hunt restated their buy rating on shares of Marshalls (LON:MSLH) in a research note issued to investors on Wednesday morning. Peel Hunt currently has a GBX 490 ($6.59) price objective on the stock.
Several other equities research analysts have also recently issued reports on MSLH. Canaccord Genuity raised their target price on shares of Marshalls from GBX 375 ($5.05) to GBX 415 ($5.59) and gave the stock a hold rating in a research report on Tuesday, August 22nd. Jefferies Group raised their target price on shares of Marshalls from GBX 450 ($6.06) to GBX 490 ($6.59) and gave the stock a buy rating in a research report on Tuesday, September 19th. Shore Capital reissued a buy rating on shares of Marshalls in a research report on Tuesday, August 29th. Numis Securities reissued an add rating and issued a GBX 500 ($6.73) target price on shares of Marshalls in a research report on Thursday, October 19th. Finally, Barclays assumed coverage on shares of Marshalls in a research report on Monday, November 27th. They set an underweight rating and a GBX 429 ($5.77) price target on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company’s stock. Marshalls has a consensus rating of Buy and a consensus target price of GBX 456.29 ($6.14).
Marshalls (LON MSLH) traded up GBX 0.96 ($0.01) on Wednesday, hitting GBX 437.96 ($5.89). 203,435 shares of the company traded hands, compared to its average volume of 271,461. Marshalls has a twelve month low of GBX 268.90 ($3.62) and a twelve month high of GBX 486.60 ($6.55).
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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