Royal Bank of Canada Reaffirms Sector perform Rating for Marshalls (LON:MSLH)

Marshalls (LON:MSLH)‘s stock had its “sector perform” rating reissued by Royal Bank of Canada in a report released on Wednesday, Marketbeat Ratings reports. They currently have a GBX 370 ($4.89) price target on the stock. Royal Bank of Canada’s price objective indicates a potential upside of 8.19% from the company’s current price.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 420 ($5.55) price target on shares of Marshalls in a report on Monday, August 12th.

Marshalls Trading Up 2.9 %

Shares of Marshalls stock opened at GBX 342 ($4.52) on Wednesday. The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34. The stock has a market capitalization of £864.82 million, a PE ratio of 4,275.00, a P/E/G ratio of 0.17 and a beta of 1.26. Marshalls has a 1-year low of GBX 195.30 ($2.58) and a 1-year high of GBX 364.50 ($4.82). The company’s fifty day simple moving average is GBX 339.18 and its 200-day simple moving average is GBX 309.58.

Insider Buying and Selling at Marshalls

In other news, insider Matt Pullen bought 14,330 shares of the company’s stock in a transaction that occurred on Thursday, August 22nd. The stock was bought at an average price of GBX 349 ($4.61) per share, with a total value of £50,011.70 ($66,065.65). Insiders own 2.75% of the company’s stock.

Marshalls Company Profile

Marshalls plc, together with its subsidiaries, manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally. It offers paving products, such as flag paving, natural stone paving, block paving, permeable paving, tactile paving, accessories, steps, rail products, marker blocks, setts and cobbles, and pedestals; kerbs; and combined kerb and drainage systems, linear drainage systems, below ground drainage, offsite solutions, civils and drainage water management, specialist precast, and precast solutions.