Royal Bank of Canada restated their outperform rating on shares of Marlowe (LON:MRL – Free Report) in a research report released on Thursday morning, Marketbeat reports. Royal Bank of Canada currently has a GBX 690 ($8.88) target price on the stock.
Separately, Berenberg Bank lowered their price objective on Marlowe from GBX 720 ($9.26) to GBX 710 ($9.13) and set a buy rating on the stock in a research note on Tuesday, April 30th.
View Our Latest Analysis on MRL
Marlowe Price Performance
Marlowe Announces Dividend
The firm also recently announced a dividend, which was paid on Friday, July 5th. Shareholders of record on Thursday, June 13th were issued a GBX 155 ($1.99) dividend. This represents a dividend yield of 27.78%. The ex-dividend date of this dividend was Thursday, June 13th.
Insider Buying and Selling at Marlowe
In other Marlowe news, insider Lord Ashcroft bought 3,422,809 shares of Marlowe stock in a transaction on Wednesday, May 22nd. The shares were purchased at an average price of GBX 548 ($7.05) per share, with a total value of £18,756,993.32 ($24,127,853.51). Company insiders own 23.17% 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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