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

Berenberg Bank reiterated their buy rating on shares of Marshalls (LON:MSLH) in a research report report published on Wednesday morning, MarketBeat reports. They currently have a GBX 420 ($5.24) target price on the stock.

Marshalls Trading Down 0.2 %

MSLH opened at GBX 243.50 ($3.04) on Wednesday. The company has a market cap of £615.74 million, a P/E ratio of 3,043.75, a PEG ratio of 0.17 and a beta of 1.26. The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19. The company’s 50 day moving average is GBX 292.20 and its 200-day moving average is GBX 320.75. Marshalls has a 1-year low of GBX 231.50 ($2.89) and a 1-year high of GBX 366 ($4.57).

Insiders Place Their Bets

In other Marshalls news, insider Justin Lockwood purchased 5,000 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were purchased at an average cost of GBX 232 ($2.90) per share, with a total value of £11,600 ($14,483.71). Company insiders own 2.73% of the company’s stock.

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.