Marks and Spencer Group Plc (LON:MKS) has been assigned an average recommendation of “Hold” from the sixteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 231.27 ($3.04).
Several research firms have issued reports on MKS. Jefferies Financial Group boosted their price objective on shares of Marks and Spencer Group from GBX 207 ($2.72) to GBX 230 ($3.03) and gave the company a “hold” rating in a research report on Monday, January 6th. Barclays lowered their price objective on shares of Marks and Spencer Group from GBX 265 ($3.49) to GBX 250 ($3.29) and set an “overweight” rating for the company in a research report on Friday, January 10th. Liberum Capital reissued a “sell” rating on shares of Marks and Spencer Group in a research report on Tuesday, January 7th. Shore Capital reissued a “house stock” rating on shares of Marks and Spencer Group in a research report on Tuesday, February 4th. Finally, HSBC raised shares of Marks and Spencer Group to a “hold” rating and boosted their price objective for the company from GBX 155 ($2.04) to GBX 225 ($2.96) in a research report on Monday, December 16th.
Marks and Spencer Group stock opened at GBX 183.85 ($2.42) on Friday. The stock has a market cap of $3.59 billion and a price-to-earnings ratio of 36.77. The company has a debt-to-equity ratio of 145.15, a current ratio of 0.74 and a quick ratio of 0.34. Marks and Spencer Group has a 1 year low of GBX 161.35 ($2.12) and a 1 year high of GBX 306.20 ($4.03). The firm has a 50-day moving average of GBX 192.17 and a two-hundred day moving average of GBX 193.04.
Marks and Spencer Group plc operates various retail stores. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online. The company operates 1463 stores, including 253 owned and 383 franchise Simply Food stores; and 343 full-line and outlet stores in the United Kingdom.
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