Marshalls plc (LON:MSLH) had its target price upped by Canaccord Genuity from GBX 330 ($4.24) to GBX 375 ($4.82) in a research report released on Wednesday, May 10th. The firm currently has a hold rating on the stock.
A number of other research analysts have also issued reports on the stock. Peel Hunt upped their target price on shares of Marshalls plc from GBX 365 ($4.69) to GBX 415 ($5.33) and gave the company a buy rating in a report on Wednesday, May 10th. Shore Capital restated a buy rating on shares of Marshalls plc in a report on Wednesday, March 15th. Numis Securities Ltd restated an add rating on shares of Marshalls plc in a report on Wednesday, April 5th. Finally, Panmure Gordon restated a buy rating and issued a GBX 370 ($4.75) target price on shares of Marshalls plc in a report on Wednesday, March 15th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of GBX 392.50 ($5.04).
Marshalls plc (LON:MSLH) traded down 0.630305% during mid-day trading on Wednesday, hitting GBX 410.085114. 212,894 shares of the stock were exchanged. Marshalls plc has a 52-week low of GBX 199.40 and a 52-week high of GBX 422.80. The company has a 50 day moving average price of GBX 387.92 and a 200 day moving average price of GBX 325.48. The firm’s market cap is GBX 808.90 million.
TRADEMARK VIOLATION NOTICE: “Marshalls plc (MSLH) PT Raised to GBX 375” was first reported by Community Financial News and is the property of of Community Financial News. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://www.com-unik.info/2017/06/04/canaccord-genuity-raises-marshalls-plc-mslh-price-target-to-gbx-375-updated-updated.html.
The business also recently disclosed a dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 15th will be issued a dividend of GBX 8.80 ($0.11) per share. This is a positive change from Marshalls plc’s previous dividend of $2.90. This represents a dividend yield of 2.54%. The ex-dividend date is Thursday, June 15th.
In related news, insider Martyn Coffey sold 104,399 shares of the firm’s stock in a transaction that occurred on Wednesday, March 15th. The shares were sold at an average price of GBX 347 ($4.46), for a total value of £362,264.53 ($465,336.58). Also, insider Andrew Allner purchased 5,339 shares of the business’s stock in a transaction that occurred on Tuesday, April 18th. The stock was acquired at an average price of GBX 375 ($4.82) per share, for a total transaction of £20,021.25 ($25,717.73). Over the last quarter, insiders have bought 10,867 shares of company stock worth $4,069,189.
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.
What are top analysts saying about Marshalls plc? – Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts’ recommendations for for Marshalls plc and related companies.