Royal Bank Of Canada Cuts Marshalls (LON:MSLH) Price Target to GBX 165

Marshalls (LON:MSLH) had its price objective lowered by Royal Bank Of Canada from GBX 170 to GBX 165 in a report published on Tuesday morning,Digital Look reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

A number of other equities research analysts have also weighed in on the company. Berenberg Bank reissued a “buy” rating and issued a GBX 360 target price on shares of Marshalls in a research note on Tuesday. Peel Hunt reiterated a “buy” rating and set a GBX 250 target price on shares of Marshalls in a report on Monday. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 255.75.

Marshalls Price Performance

MSLH stock opened at GBX 171.70 on Tuesday. The company has a debt-to-equity ratio of 27.09, a quick ratio of 1.34 and a current ratio of 1.80. Marshalls has a 52 week low of GBX 124 and a 52 week high of GBX 198.60. The firm’s fifty day moving average is GBX 150.61 and its 200 day moving average is GBX 149.84. The firm has a market cap of £434.21 million, a P/E ratio of 30.66, a P/E/G ratio of 0.17 and a beta of 1.27.

Marshalls (LON:MSLH) last posted its quarterly earnings results on Monday, August 10th. The company reported GBX 7.30 earnings per share for the quarter. Marshalls had a net margin of 3.18% and a return on equity of 3.79%. Research analysts predict that Marshalls will post 18.2342758 earnings per share for the current year.

Insider Buying and Selling at Marshalls

In other news, insider Paul Inman acquired 2,873 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price of GBX 172 per share, for a total transaction of £4,941.56. Also, insider Justin Lockwood acquired 547,000 shares of the stock in a transaction on Thursday, July 2nd. The shares were purchased at an average cost of GBX 151 per share, with a total value of £825,970. 1.31% of the stock is owned by corporate insiders.

Marshalls Company Profile

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. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.