Marshalls (LON:MSLH) Stock Rating Reaffirmed by Royal Bank of Canada

Marshalls (LON:MSLH)‘s stock had its “sector perform” rating reiterated by equities researchers at Royal Bank of Canada in a research report issued to clients and investors on Wednesday, MarketBeat reports. They currently have a GBX 370 ($4.89) price objective on the stock. Royal Bank of Canada’s price objective suggests a potential upside of 8.19% from the stock’s previous close.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 420 ($5.55) price target on shares of Marshalls in a research note on Monday, August 12th.

Marshalls Price Performance

Shares of MSLH opened at GBX 342 ($4.52) on Wednesday. Marshalls has a twelve month low of GBX 195.30 ($2.58) and a twelve month high of GBX 364.50 ($4.82). The company has a market capitalization of £864.82 million, a P/E ratio of 4,275.00, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The firm has a 50 day moving average of GBX 339.18 and a 200 day moving average of GBX 309.58. The company has a quick ratio of 1.34, a current ratio of 1.86 and a debt-to-equity ratio of 33.19.

Insider Activity at Marshalls

In related news, insider Matt Pullen bought 14,330 shares of the business’s stock in a transaction on Thursday, August 22nd. The stock was acquired at an average price of GBX 349 ($4.61) per share, with a total value of £50,011.70 ($66,065.65). 2.75% of the stock is owned by insiders.

About Marshalls

Marshalls plc, together with its subsidiaries, manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally. It offers paving products, such as flag paving, natural stone paving, block paving, permeable paving, tactile paving, accessories, steps, rail products, marker blocks, setts and cobbles, and pedestals; kerbs; and combined kerb and drainage systems, linear drainage systems, below ground drainage, offsite solutions, civils and drainage water management, specialist precast, and precast solutions.