Peel Hunt Reiterates Buy Rating for Marshalls (LON:MSLH)

Marshalls (LON:MSLH)‘s stock had its “buy” rating reissued by equities research analysts at Peel Hunt in a research note issued on Friday, Marketbeat.com reports. They currently have a GBX 290 ($3.90) target price on the stock. Peel Hunt’s price objective would indicate a potential upside of 37.48% from the company’s current price.

A number of other equities research analysts have also weighed in on the company. Berenberg Bank lowered their target price on Marshalls from GBX 420 ($5.64) to GBX 360 ($4.84) and set a “buy” rating for the company in a research note on Monday. Royal Bank Of Canada decreased their target price on Marshalls from GBX 370 ($4.97) to GBX 240 ($3.22) and set a “sector perform” rating for the company in a research report on Monday.

Marshalls Price Performance

MSLH opened at GBX 210.94 ($2.83) on Friday. The stock has a 50-day moving average price of GBX 269.11 and a 200-day moving average price of GBX 260.48. Marshalls has a 12-month low of GBX 197.40 ($2.65) and a 12-month high of GBX 366 ($4.92). The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19. The stock has a market capitalization of £530.61 million, a P/E ratio of 24.64, a PEG ratio of 0.17 and a beta of 1.26.

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.