Marshalls plc (MSLH) Given Consensus Rating of “Hold” by Analysts

Shares of Marshalls plc (LON:MSLH) have earned a consensus recommendation of “Hold” from the seven analysts that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 495.71 ($6.46).

A number of analysts recently weighed in on the stock. Berenberg Bank upped their target price on shares of Marshalls from GBX 510 ($6.64) to GBX 530 ($6.90) and gave the stock a “buy” rating in a report on Thursday, August 16th. Canaccord Genuity upped their target price on shares of Marshalls from GBX 455 ($5.93) to GBX 495 ($6.45) and gave the stock a “buy” rating in a report on Tuesday, August 28th. Numis Securities reaffirmed an “add” rating and set a GBX 500 ($6.51) target price on shares of Marshalls in a report on Thursday, August 16th. Shore Capital lowered shares of Marshalls to a “hold” rating and decreased their target price for the stock from GBX 485 ($6.32) to GBX 481 ($6.27) in a report on Wednesday, May 30th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of Marshalls in a report on Wednesday, June 13th.

In related news, insider Vanda Murray purchased 15,000 shares of the firm’s stock in a transaction dated Thursday, June 28th. The shares were purchased at an average price of GBX 410 ($5.34) per share, with a total value of £61,500 ($80,109.42). Also, insider Martyn Coffey sold 35,703 shares of the stock in a transaction on Wednesday, August 29th. The stock was sold at an average price of GBX 454 ($5.91), for a total transaction of £162,091.62 ($211,139.27). Insiders bought a total of 15,106 shares of company stock worth $6,195,169 in the last three months.

Marshalls stock traded down GBX 6.40 ($0.08) during midday trading on Wednesday, reaching GBX 431 ($5.61). 91,468 shares of the stock were exchanged, compared to its average volume of 396,477. Marshalls has a 52 week low of GBX 333.10 ($4.34) and a 52 week high of GBX 486.60 ($6.34).

The business also recently declared a dividend, which will be paid on Wednesday, December 5th. Stockholders of record on Thursday, October 18th will be issued a GBX 4 ($0.05) dividend. This represents a dividend yield of 0.83%. The ex-dividend date is Thursday, October 18th.

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.

Further Reading: Earnings Per Share

Analyst Recommendations for Marshalls (LON:MSLH)

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