Marks and Spencer Group (LON:MKS) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Marks and Spencer Group (LON:MKS) to a buy rating in a research report report published on Monday, MarketBeat reports. Jefferies Financial Group currently has GBX 310 ($3.83) price target on the retailer’s stock.

Several other analysts have also recently issued reports on the company. Shore Capital reissued a house stock rating on shares of Marks and Spencer Group in a research note on Thursday, April 11th. Barclays restated an overweight rating and issued a GBX 300 ($3.71) price objective on shares of Marks and Spencer Group in a report on Tuesday, February 6th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Marks and Spencer Group from GBX 260 ($3.21) to GBX 330 ($4.08) and gave the stock an overweight rating in a report on Thursday, April 11th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Marks and Spencer Group presently has an average rating of Moderate Buy and an average price target of GBX 290.83 ($3.59).

Marks and Spencer Group Stock Down 1.9 %

LON MKS opened at GBX 257.80 ($3.18) on Monday. The company has a debt-to-equity ratio of 115.61, a current ratio of 0.80 and a quick ratio of 0.42. The stock has a market capitalization of £5.23 billion, a PE ratio of 1,289.00, a PEG ratio of 3.10 and a beta of 1.57. Marks and Spencer Group has a 1 year low of GBX 157.20 ($1.94) and a 1 year high of GBX 293.20 ($3.62). The business’s 50-day moving average is GBX 248.77 and its 200 day moving average is GBX 248.77.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.