Marshalls (LON:MSLH) Receives Sector perform Rating from Royal Bank of Canada

Royal Bank of Canada restated their sector perform rating on shares of Marshalls (LON:MSLH) in a research note published on Wednesday morning, MarketBeat.com reports. They currently have a GBX 370 ($4.89) price objective on the stock.

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

Marshalls Stock Down 1.5 %

LON MSLH opened at GBX 337 ($4.45) on Wednesday. The stock has a 50 day moving average price of GBX 339.09 and a 200-day moving average price of GBX 309.82. Marshalls has a one year low of GBX 195.30 ($2.58) and a one year high of GBX 364.50 ($4.82). The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86. The company has a market capitalization of £852.17 million, a P/E ratio of 4,212.50, a P/E/G ratio of 0.17 and a beta of 1.26.

Marshalls Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, October 24th will be paid a dividend of GBX 2.60 ($0.03) per share. This represents a yield of 0.76%. The ex-dividend date of this dividend is Thursday, October 24th. Marshalls’s payout ratio is 10,000.00%.

Insider Transactions at Marshalls

In other Marshalls news, insider Matt Pullen acquired 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, for a total transaction of £50,011.70 ($66,065.65). Company 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.