Panmure Gordon reiterated their buy rating on shares of Marshalls plc (LON:MSLH) in a research report released on Wednesday morning. The brokerage currently has a GBX 370 ($4.57) target price on the stock.
Other analysts also recently issued reports about the stock. Jefferies Group LLC raised their price objective on shares of Marshalls plc from GBX 300 ($3.71) to GBX 340 ($4.20) and gave the company a buy rating in a research report on Monday, December 5th. Numis Securities Ltd downgraded shares of Marshalls plc to an add rating and set a GBX 365 ($4.51) price objective on the stock. in a research report on Friday, December 9th. Finally, Peel Hunt restated a buy rating and set a GBX 355 ($4.38) price objective on shares of Marshalls plc in a research report on Friday, December 9th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of GBX 354 ($4.37).
Marshalls plc (LON:MSLH) opened at 354.53 on Wednesday. Marshalls plc has a 52 week low of GBX 199.40 and a 52 week high of GBX 360.00. The company’s market capitalization is GBX 698.47 million. The stock’s 50 day moving average is GBX 305.72 and its 200 day moving average is GBX 291.43.
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The business also recently declared a dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 15th will be issued a GBX 8.80 ($0.11) dividend. This is an increase from Marshalls plc’s previous dividend of $2.90. This represents a yield of 2.54%. The ex-dividend date of this dividend is Thursday, June 15th.
In other Marshalls plc news, insider Martyn Coffey sold 104,399 shares of Marshalls plc stock in a transaction on Wednesday, March 15th. The shares were sold at an average price of GBX 347 ($4.29), for a total value of £362,264.53 ($447,405.87). Over the last quarter, insiders acquired 150 shares of company stock worth $45,137.
Marshalls plc 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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