Marshalls (LON:MSLH) Insider Buys £825,970 in Stock

Marshalls plc (LON:MSLH) insider Justin Lockwood purchased 547,000 shares of the stock in a transaction that occurred on Thursday, July 2nd. The shares were acquired at an average cost of GBX 151 per share, for a total transaction of £825,970.

Justin Lockwood also recently made the following trade(s):

• On Wednesday, May 13th, Justin Lockwood acquired 7,822 shares of Marshalls stock. The stock was acquired at an average cost of GBX 127 per share, with a total value of £9,933.94.

Marshalls Stock Performance

Shares of LON:MSLH traded down GBX 0.18 on Monday, reaching GBX 151.60. 1,416,109 shares of the company’s stock were exchanged, compared to its average volume of 7,012,760. Marshalls plc has a twelve month low of GBX 124 and a twelve month high of GBX 272.50. The company has a fifty day moving average of GBX 137.48 and a 200-day moving average of GBX 153.85. The company has a market capitalization of £383.38 million, a price-to-earnings ratio of 27.07, a PEG ratio of 0.17 and a beta of 1.27. The company has a current ratio of 1.78, a quick ratio of 1.34 and a debt-to-equity ratio of 27.74.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada reduced their price objective on shares of Marshalls from GBX 195 to GBX 170 and set a “sector perform” rating on the stock in a research note on Wednesday, April 22nd. Berenberg Bank reaffirmed a “buy” rating and set a GBX 360 price target on shares of Marshalls in a report on Monday, March 16th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 310.

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. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.