Marlowe plc (LON:MRL – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 348.40 ($4.56) and last traded at GBX 346 ($4.53), with a volume of 896912 shares. The stock had previously closed at GBX 340.50 ($4.46).
Wall Street Analyst Weigh In
MRL has been the topic of several analyst reports. Berenberg Bank reiterated a “buy” rating and set a GBX 710 ($9.29) price target on shares of Marlowe in a research report on Wednesday, August 21st. Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 690 ($9.03) target price on shares of Marlowe in a research note on Thursday, August 1st.
Check Out Our Latest Research Report on Marlowe
Marlowe Stock Performance
Insider Activity
In related news, insider Peter M. R. Gaze bought 15,000 shares of the company’s stock in a transaction on Friday, September 27th. The stock was acquired at an average cost of GBX 309 ($4.04) per share, for a total transaction of £46,350 ($60,659.60). Corporate insiders own 25.19% of the company’s stock.
Marlowe Company Profile
Marlowe plc provides compliance services and software in the United Kingdom. The company operates in two segments, Governance, Risk and Compliance; and Testing, and Inspection and Certification. It offers health and safety consultancy, risk and audit assessments, environmental, contractor management, and training services; and health and safety support services.
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