Marlowe PLC 23.3% potential upside indicated by Berenberg Bank

Marlowe PLC with ticker (LON:MRL) now has a potential upside of 23.3% 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 890 GBX at opening today (28/01/2022) indicates a potential upside of 23.3%. Trading has ranged between 570 (52 week low) and 1,094 (52 week high) with an average of 199,329 shares exchanging hands daily. The market capitalisation at the time of writing is £845,774,515.

Marlowe plc is a United Kingdom-based company, which is primarily engaged in the provision of business services and software to ensure safety and regulatory compliance. The Company operates through two segments: Governance, Risk & Compliance (GRC) and Testing, Inspection & Certification (TIC). Its business lines cover areas, such as risk and compliance, health and safety, employment law and human resources (HR) and occupational health within GRC, and fire safety, security and water hygiene compliance testing and inspection services within TIC. The Company’s wholly owned subsidiaries include Marlowe 2016 Limited, William Martin 2018 Limited, William Martin Compliance Solutions Limited, William Martin Firefly Limited, Nestor Business Consultancy Limited and Law at Work (IS) Ltd.