Marshalls (LON:MSLH) Insider Buys £825,970 in Stock

Marshalls plc (LON:MSLH) insider Justin Lockwood acquired 547,000 shares of the stock in a transaction dated Thursday, July 2nd. The shares were bought at an average cost of GBX 151 per share, with a total value of £825,970.

Justin Lockwood also recently made the following trade(s):

• On Wednesday, May 13th, Justin Lockwood purchased 7,822 shares of Marshalls stock. The stock was bought at an average price of GBX 127 per share, with a total value of £9,933.94.

Marshalls Stock Down 0.1%

MSLH traded down GBX 0.18 during trading on Monday, reaching GBX 151.60. 1,416,109 shares of the stock were exchanged, compared to its average volume of 7,012,760. The company has a debt-to-equity ratio of 27.74, a quick ratio of 1.34 and a current ratio of 1.78. The stock’s 50 day moving average price is GBX 137.48 and its two-hundred day moving average price is GBX 153.85. Marshalls plc has a twelve month low of GBX 124 and a twelve month high of GBX 272.50. The stock has a market cap of £383.38 million, a P/E ratio of 27.07, a price-to-earnings-growth ratio of 0.17 and a beta of 1.27.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 360 price objective on shares of Marshalls in a research report on Monday, March 16th. Royal Bank Of Canada decreased their target price on Marshalls from GBX 195 to GBX 170 and set a “sector perform” rating on the stock in a report on Wednesday, April 22nd. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 310.

About Marshalls

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.