Marshalls (LON:MSLH) Shares Climb 2.5% – What’s Next?

Marshalls plc (LON:MSLH) shot up 2.5% during trading on Thursday. The company traded as high as GBX 178 and last traded at GBX 177. 432,089 shares were traded during trading, a decline of 91% from the average session volume of 4,844,667 shares. The stock had previously closed at GBX 172.60.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Deutsche Bank reaffirmed a “buy” rating and set a GBX 248 price target on shares of Marshalls in a report on Tuesday, August 11th. Peel Hunt reissued a “buy” rating and issued a GBX 250 price objective on shares of Marshalls in a research note on Monday, August 10th. Royal Bank Of Canada decreased their price objective on shares of Marshalls from GBX 170 to GBX 165 and set a “sector perform” rating on the stock in a research report on Tuesday, August 11th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 360 price objective on shares of Marshalls in a research report on Tuesday, August 11th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 255.75.

Marshalls Stock Performance

The stock has a market cap of £447.61 million, a P/E ratio of 22.12, a price-to-earnings-growth ratio of 0.17 and a beta of 1.27. The company has a quick ratio of 1.34, a current ratio of 1.80 and a debt-to-equity ratio of 27.09. The business has a 50 day moving average price of GBX 166.59 and a two-hundred day moving average price of GBX 154.99.

Marshalls (LON:MSLH) last released its earnings results on Monday, August 10th. The company reported GBX 7.30 earnings per share (EPS) for the quarter. Marshalls had a return on equity of 3.79% and a net margin of 3.18%. On average, sell-side analysts forecast that Marshalls plc will post 18.23 earnings per share for the current fiscal year.

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. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.