Marks and Spencer Group (LON:MKS) Given “House Stock” Rating at Shore Capital Group

Marks and Spencer Group (LON:MKS)‘s stock had its “house stock” rating restated by investment analysts at Shore Capital Group in a research note issued to investors on Wednesday,London Stock Exchange reports.

Several other brokerages also recently commented on MKS. UBS Group reiterated a “buy” rating and set a GBX 425 price target on shares of Marks and Spencer Group in a report on Monday. Citigroup decreased their price objective on shares of Marks and Spencer Group to GBX 430 and set a “buy” rating for the company in a research note on Thursday, March 19th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 440 target price on shares of Marks and Spencer Group in a research note on Tuesday, March 10th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Marks and Spencer Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 415.

Marks and Spencer Group Stock Up 4.7%

LON MKS opened at GBX 342.10 on Wednesday. The company has a quick ratio of 0.42, a current ratio of 0.81 and a debt-to-equity ratio of 121.22. The company has a fifty day moving average of GBX 342.90 and a two-hundred day moving average of GBX 352.97. The firm has a market capitalization of £6.93 billion, a price-to-earnings ratio of 380.11, a PEG ratio of 0.20 and a beta of 1.02. Marks and Spencer Group has a 52 week low of GBX 301.10 and a 52 week high of GBX 411.80.

Marks and Spencer Group (LON:MKS) last announced its earnings results on Wednesday, May 20th. The retailer reported GBX 23.80 earnings per share for the quarter. The business had revenue of GBX 1,727.36 billion for the quarter. Marks and Spencer Group had a net margin of 0.13% and a return on equity of 0.69%. On average, analysts predict that Marks and Spencer Group will post 26.0113154 earnings per share for the current year.

Marks and Spencer Group Company Profile

M&S has a heritage of quality, innovation and value for money and has been voted the UK’s most trusted brand. From these foundations, M&S is reshaping for sustainable profitable growth and value creation.

We operate as a family of businesses, selling high-quality, great-value, own-brand products and services, alongside a carefully selected range of third-party brands. We do this through a network of stores and websites globally, and together, across our stores, support centres, warehouses and supply chain, our 65,000 colleagues serve over 30 million customers each year.