Marshalls (LON:MSLH) was downgraded by analysts at Berenberg Bank to a “hold” rating in a research note issued on Tuesday. They currently have a GBX 620 ($8.10) price target on the stock, up from their previous price target of GBX 580 ($7.58). Berenberg Bank’s price target points to a potential upside of 4.82% from the company’s current price.
MSLH has been the subject of several other reports. Peel Hunt reiterated a “buy” rating on shares of Marshalls in a research note on Thursday, January 3rd. Shore Capital reiterated a “hold” rating on shares of Marshalls in a research note on Wednesday, December 12th. Finally, Canaccord Genuity downgraded shares of Marshalls to a “hold” rating and decreased their price objective for the stock from GBX 500 ($6.53) to GBX 495 ($6.47) in a research note on Tuesday, January 8th. Five research analysts have rated the stock with a hold rating, Marshalls currently has a consensus rating of “Hold” and a consensus price target of GBX 531.20 ($6.94).
MSLH opened at GBX 591.50 ($7.73) on Tuesday. The company has a quick ratio of 0.94, a current ratio of 1.57 and a debt-to-equity ratio of 31.17. Marshalls has a 52-week low of GBX 395.60 ($5.17) and a 52-week high of GBX 611.50 ($7.99). The company has a market cap of $1.17 billion and a price-to-earnings ratio of 22.66.
Marshalls plc manufactures and supplies hard landscaping products in the United Kingdom and internationally. It operates through Landscape Products and Other segments. The company offers interior, garden, driveway, and seating and landscape products, including paving, block paving, kerbs, water management, natural stone cladding, street furniture, lighting, protective street furniture, and walling and mortars products, as well as paths, edgings, and drainage and decorative aggregates.
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