Marlowe PLC 19.9% potential upside indicated by Berenberg Bank

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Marlowe PLC with ticker (LON:MRL) now has a potential upside of 19.9% according to Berenberg Bank.

Berenberg Bank set a target price of 1,160 GBX for the company, which when compared to the Marlowe PLC share price of 929 GBX at opening today (07/12/2021) indicates a potential upside of 19.9%. Trading has ranged between 556 (52 week low) and 974 (52 week high) with an average of 208,394 shares exchanging hands daily. The market capitalisation at the time of writing is £767,720,854.

Marlowe Plc is a specialist services company that offers services and software to assure safety and regulatory compliance. Its segments include Risk Management & Compliance, and Water Treatment & Air Quality. The risk management & compliance segment comprises five business streams: health and safety, compliance software, fire safety and security, employment law and human resources (HR) compliance, and occupational health. Water Treatment & Air Quality segment include water treatment and hygiene, and air quality business streams. Its health, safety and compliance offerings include risk assessments and audits for health and safety, the fire, water and workplace safety, asbestos management, health surveillance and absence management. Its fire safety and security services include fire detection and alarm systems, emergency lighting, fire extinguishers, fire risk assessments, fire safety training, gaseous extinguishing systems, room integrity testing and kitchen fire suppression systems.

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