Marshalls (LON:MSLH) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Marshalls plc (LON:MSLH) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 149.09 and traded as high as GBX 153.60. Marshalls shares last traded at GBX 152, with a volume of 7,427,709 shares changing hands.

Analyst Upgrades and Downgrades

A number of analysts have commented on MSLH shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 248 price target on shares of Marshalls in a research report on Tuesday, August 11th. Royal Bank Of Canada decreased their price objective on shares of Marshalls from GBX 170 to GBX 165 and set a “sector perform” rating for the company in a report on Tuesday, August 11th. Berenberg Bank reiterated a “buy” rating and set a GBX 360 price objective on shares of Marshalls in a research note on Tuesday, August 11th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 250 target price on shares of Marshalls in a report on Monday, August 10th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 255.75.

Marshalls Stock Performance

The company has a fifty day moving average price of GBX 159.35 and a two-hundred day moving average price of GBX 149.09. The firm has a market cap of £384.39 million, a price-to-earnings ratio of 19.00, a price-to-earnings-growth ratio of 0.17 and a beta of 1.28. The company has a debt-to-equity ratio of 27.09, a current ratio of 1.80 and a quick ratio of 1.34.

Marshalls (LON:MSLH) last released its earnings results on Monday, August 10th. The company reported GBX 7.30 earnings per share (EPS) for the quarter. Marshalls had a return on equity of 3.79% and a net margin of 3.18%. As a group, equities research analysts expect that Marshalls plc will post 18.2342758 EPS for the current year.

Insider Activity

In other Marshalls news, insider Justin Lockwood acquired 547,000 shares of the stock in a transaction dated Thursday, July 2nd. The shares were bought at an average price of GBX 151 per share, with a total value of £825,970. Also, insider Paul Inman acquired 2,873 shares of the stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average cost of GBX 172 per share, for a total transaction of £4,941.56. Company insiders own 1.31% 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. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.