Canaccord Genuity Raises Marshalls plc (MSLH) Price Target to GBX 415
Marshalls plc (LON:MSLH) had its price target lifted by equities research analysts at Canaccord Genuity from GBX 375 ($4.87) to GBX 415 ($5.39) in a research report issued to clients and investors on Tuesday. The firm presently has a “hold” rating on the stock. Canaccord Genuity’s target price suggests a potential upside of 2.67% from the stock’s current price.
Other equities analysts have also recently issued research reports about the stock. Numis Securities Ltd reissued an “add” rating on shares of Marshalls plc in a research note on Thursday, August 17th. Shore Capital reissued a “buy” rating on shares of Marshalls plc in a research note on Wednesday, May 10th. Peel Hunt boosted their price target on shares of Marshalls plc from GBX 365 ($4.74) to GBX 415 ($5.39) and gave the stock a “buy” rating in a research note on Wednesday, May 10th. Jefferies Group LLC boosted their price target on shares of Marshalls plc from GBX 350 ($4.54) to GBX 430 ($5.58) and gave the stock a “buy” rating in a research note on Monday, June 26th. Finally, Berenberg Bank initiated coverage on shares of Marshalls plc in a research note on Friday, May 12th. They issued a “hold” rating and a GBX 420 ($5.45) price target for the company. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 420 ($5.45).
Shares of Marshalls plc (LON:MSLH) opened at 421.40 on Tuesday. The company’s 50 day moving average is GBX 384.36 and its 200 day moving average is GBX 364.66. Marshalls plc has a 52-week low of GBX 257.20 and a 52-week high of GBX 425.40. The firm’s market cap is GBX 832.01 million.
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About Marshalls plc
Marshalls plc is a United Kingdom-based company, which is engaged in supplying of hard landscaping products to both the domestic and public sector and commercial end markets. The Company’s segments include Landscape Products and Other. Its Landscape Products segment focuses on integrated production, logistics and distribution network supporting both end markets.
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