Marshalls plc (MSLH) Receives GBX 491.67 Consensus Price Target from Analysts
Marshalls plc (LON:MSLH) has been assigned a consensus recommendation of “Hold” from the six research firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 491.67 ($6.42).
Several equities analysts recently weighed in on the stock. Berenberg Bank raised their target price on shares of Marshalls from GBX 510 ($6.66) to GBX 530 ($6.93) and gave the company a “buy” rating in a research note on Thursday, August 16th. Canaccord Genuity raised their target price on shares of Marshalls from GBX 455 ($5.95) to GBX 495 ($6.47) and gave the company a “buy” rating in a research note on Tuesday, August 28th. Numis Securities reissued an “add” rating and issued a GBX 500 ($6.53) target price on shares of Marshalls in a research note on Thursday, August 16th. Finally, Peel Hunt lifted their price objective on shares of Marshalls from GBX 505 ($6.60) to GBX 515 ($6.73) and gave the stock a “buy” rating in a research report on Thursday, August 16th.
In other Marshalls news, insider Martyn Coffey sold 35,703 shares of Marshalls stock in a transaction on Wednesday, August 29th. The shares were sold at an average price of GBX 454 ($5.93), for a total transaction of £162,091.62 ($211,801.41). Over the last ninety days, insiders have acquired 103 shares of company stock valued at $44,866.
Marshalls Company Profile
Marshalls plc manufactures and supplies hard landscaping products in the United Kingdom and internationally. It operates through Landscape Products and Other segments. The company offers interior, garden, driveway, and seating and landscape products, including paving, block paving, kerbs, water management, natural stone cladding, street furniture, lighting, protective street furniture, and walling and mortars products, as well as paths, edgings, and drainage and decorative aggregates.
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