Marshalls plc : No turn-around in sight
Entry price | Target | Stop-loss | Potential |
---|
GBX 763.5 |
GBX 870 |
GBX 700 |
+13.95% |
---|
Shares in Marshalls plc do not show any sign of a slowdown in the ascending dynamic. Investors could bet on a continuation of the underlying trend.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
● Historically, the company has been releasing figures that are above expectations.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 619 GBp
Weaknesses● With a 2019 P/E ratio at 26.49 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
● The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.
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