Marshalls’ (MSLH) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of Marshalls (LON:MSLH) in a report released on Tuesday,Digital Look reports. The brokerage currently has a GBX 248 price target on the stock.

A number of other equities research analysts have also issued reports on the company. Royal Bank Of Canada decreased their price target on Marshalls from GBX 170 to GBX 165 and set a “sector perform” rating for the company in a research note on Tuesday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 360 price objective on shares of Marshalls in a research report on Tuesday. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 250 target price on shares of Marshalls in a research note on Monday. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Marshalls presently has a consensus rating of “Moderate Buy” and an average target price of GBX 255.75.

Marshalls Stock Down 0.8%

Shares of LON MSLH opened at GBX 171.70 on Tuesday. Marshalls has a 1 year low of GBX 124 and a 1 year high of GBX 198.60. The firm has a 50-day simple moving average of GBX 150.61 and a two-hundred day simple moving average of GBX 149.84. The company has a market cap of £434.21 million, a P/E ratio of 30.66, a PEG ratio of 0.17 and a beta of 1.27. The company has a debt-to-equity ratio of 27.09, a current ratio of 1.80 and a quick ratio of 1.34.

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

Insider Transactions at Marshalls

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

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