Marshalls (LON:MSLH) Stock Rating Reaffirmed by Royal Bank of Canada

Marshalls (LON:MSLH)‘s stock had its “sector perform” rating reissued by analysts at Royal Bank of Canada in a research note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 370 ($4.89) target price on the stock. Royal Bank of Canada’s price objective points to a potential upside of 11.28% from the company’s previous close.

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 420 ($5.55) target price on shares of Marshalls in a research report on Monday, August 12th.

Marshalls Stock Performance

MSLH traded down GBX 2 ($0.03) during trading on Wednesday, hitting GBX 332.50 ($4.39). The stock had a trading volume of 504,754 shares, compared to its average volume of 679,650. The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34. The company has a 50 day moving average price of GBX 339.36 and a 200-day moving average price of GBX 309.35. Marshalls has a one year low of GBX 195.30 ($2.58) and a one year high of GBX 364.50 ($4.82). The firm has a market cap of £840.79 million, a price-to-earnings ratio of 4,156.25, a P/E/G ratio of 0.17 and a beta of 1.26.

Insider Activity at Marshalls

In related news, insider Matt Pullen acquired 14,330 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The shares were bought at an average cost of GBX 349 ($4.61) per share, with a total value of £50,011.70 ($66,065.65). 2.75% of the stock is currently owned by company insiders.

Marshalls Company Profile

Marshalls plc, together with its subsidiaries, manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally. It offers paving products, such as flag paving, natural stone paving, block paving, permeable paving, tactile paving, accessories, steps, rail products, marker blocks, setts and cobbles, and pedestals; kerbs; and combined kerb and drainage systems, linear drainage systems, below ground drainage, offsite solutions, civils and drainage water management, specialist precast, and precast solutions.