Marshalls’ (MSLH) Buy Rating Reaffirmed at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Marshalls (LON:MSLH) in a research note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 420 ($5.17) price target on the stock.

Marshalls Trading Up 0.4 %

Shares of LON:MSLH opened at GBX 244.50 ($3.01) on Wednesday. The stock has a 50 day moving average of GBX 295.36 and a 200 day moving average of GBX 321.42. The company has a market cap of £618.27 million, a PE ratio of 3,056.25, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. 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 current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19.

Insider Transactions at Marshalls

In other news, insider Justin Lockwood purchased 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The stock was bought at an average cost of GBX 232 ($2.86) per share, with a total value of £11,600 ($14,280.44). 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.