Royal Bank of Canada restated their sector perform rating on shares of Marshalls (LON:MSLH – Free Report) 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.
View Our Latest Research Report on Marshalls
Marshalls Stock Down 1.5 %
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.
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