Marlowe PLC 34.9% potential upside indicated by Berenberg Bank

Marlowe PLC with ticker (LON:MRL) now has a potential upside of 34.9% according to Berenberg Bank.



Berenberg Bank set a target price of 710 GBX for the company, which when compared to the Marlowe PLC share price of 527 GBX at opening today (17/05/2024) indicates a potential upside of 34.9%. Trading has ranged between 310 (52 week low) and 680 (52 week high) with an average of 588,069 shares exchanging hands daily. The market capitalisation at the time of writing is £505,161,962.

Marlowe plc is engaged in business-critical services and software, which assure regulatory compliance. Its segments include Governance, Risk & Compliance (GRC) and Testing, Inspection & Certification (TIC). GRC encompasses its consulting and software solutions across compliance software and eLearning, health and safety, employment law and human resource, and occupational health. Its service in TIC revolves around its clients’ business premises compliant. Its services address compliance requirements across fire safety & security and water & air hygiene. Its fire safety and security services provide its clients with a comprehensive range of safety and compliance services to ensure premises are maintained in accordance with building safety regulations. Its software compliance platforms are used to implement governance frameworks and manage and monitor audit and control risk. It also provides ISO auditing and certification services to over 5,000 United Kingdom and international clients.