Berenberg Bank Reaffirms Buy Rating for Marshalls (LON:MSLH)

Berenberg Bank reiterated their buy rating on shares of Marshalls (LON:MSLH) in a research report report published on Wednesday morning,Digital Look reports. The brokerage currently has a GBX 420 ($5.17) price objective on the stock.

Marshalls Stock Performance

Shares of LON:MSLH opened at GBX 244.50 ($3.01) on Wednesday. The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19. Marshalls has a 12 month low of GBX 231.50 ($2.85) and a 12 month high of GBX 366 ($4.51). The company has a market capitalization of £618.27 million, a price-to-earnings ratio of 3,056.25, a PEG ratio of 0.17 and a beta of 1.26. The firm’s 50-day moving average is GBX 295.36 and its 200 day moving average is GBX 321.42.

Insider Transactions at Marshalls

In related news, insider Justin Lockwood purchased 5,000 shares of the firm’s stock in a transaction dated Tuesday, January 21st. The stock was purchased at an average price of GBX 232 ($2.86) per share, with a total value of £11,600 ($14,280.44). Company insiders own 2.73% of the company’s stock.

Marshalls Company Profile

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.