Numis Securities Reaffirms “Add” Rating for Marshalls (MSLH)
Marshalls (LON:MSLH)‘s stock had its “add” rating reaffirmed by stock analysts at Numis Securities in a research report issued on Wednesday. They presently have a GBX 500 ($6.78) price objective on the stock. Numis Securities’ target price points to a potential upside of 9.36% from the stock’s previous close.
Several other research firms have also recently weighed in on MSLH. Jefferies Group upped their price objective on shares of Marshalls from GBX 450 ($6.10) to GBX 490 ($6.64) and gave the stock a “buy” rating in a research report on Tuesday, September 19th. Peel Hunt reaffirmed a “buy” rating and set a GBX 490 ($6.64) price objective on shares of Marshalls in a research report on Wednesday. Shore Capital reaffirmed a “buy” rating on shares of Marshalls in a research report on Thursday, October 26th. Canaccord Genuity upped their price objective on shares of Marshalls from GBX 415 ($5.63) to GBX 465 ($6.31) and gave the stock a “hold” rating in a research report on Friday, October 20th. Finally, Barclays assumed coverage on shares of Marshalls in a research report on Monday, November 27th. They set an “underweight” rating and a GBX 429 ($5.82) price objective for the company. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of GBX 456.29 ($6.19).
Marshalls (MSLH) remained flat at $GBX 457.20 ($6.20) on Wednesday. The stock had a trading volume of 129,878 shares, compared to its average volume of 193,154. Marshalls has a 12-month low of GBX 279.90 ($3.80) and a 12-month high of GBX 486.60 ($6.60). The firm has a market cap of $911.56 and a P/E ratio of 2,286.00.
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Marshalls Company Profile
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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