Berenberg Bank Cuts Marlowe (LON:MRL) Price Target to GBX 710

Marlowe (LON:MRL) had its target price trimmed by Berenberg Bank from GBX 720 ($9.04) to GBX 710 ($8.92) in a research report report published on Tuesday morning, MarketBeat reports. The firm currently has a buy rating on the stock.

Marlowe Trading Up 1.6 %

MRL stock opened at GBX 508 ($6.38) on Tuesday. The company has a quick ratio of 0.80, a current ratio of 1.29 and a debt-to-equity ratio of 58.34. The company’s 50-day simple moving average is GBX 515.41 and its 200-day simple moving average is GBX 458.35. The firm has a market cap of £492.05 million, a P/E ratio of -3,386.67 and a beta of 0.41. Marlowe has a 52-week low of GBX 310 ($3.89) and a 52-week high of GBX 680 ($8.54).

Marlowe Company Profile

Marlowe plc provides compliance services and software in the United Kingdom. The company operates in two segments, Governance, Risk and Compliance; and Testing, and Inspection and Certification. It offers health and safety consultancy, risk and audit assessments, environmental, contractor management, and training services; and health and safety support services.