Shares of Marks and Spencer Group plc (LON:MKS – Get Free Report) have been given an average rating of “Moderate Buy” by the eight research firms that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 422.50.
A number of analysts have recently commented on the company. Shore Capital Group reissued a “house stock” rating on shares of Marks and Spencer Group in a research note on Thursday, July 16th. 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 Thursday, May 21st. UBS Group reaffirmed a “buy” rating and set a GBX 425 target price on shares of Marks and Spencer Group in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 435 price target on shares of Marks and Spencer Group in a research report on Thursday, May 21st. Finally, JPMorgan Chase & Co. upgraded shares of Marks and Spencer Group to an “overweight” rating and raised their price objective for the company from GBX 440 to GBX 450 in a research report on Tuesday, July 21st.
View Our Latest Analysis on MKS
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Marks and Spencer Group Stock Up 0.6%
Shares of Marks and Spencer Group stock opened at GBX 408.70 on Friday. The business has a 50-day moving average of GBX 379.33 and a 200-day moving average of GBX 365.79. The company has a debt-to-equity ratio of 111.89, a current ratio of 0.86 and a quick ratio of 0.42. The company has a market capitalization of £8.40 billion, a PE ratio of 33.23, a P/E/G ratio of 0.20 and a beta of 1.01. Marks and Spencer Group has a 1-year low of GBX 301.10 and a 1-year high of GBX 418.32.
Marks and Spencer Group (LON:MKS – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The retailer reported GBX 23.80 earnings per share for the quarter. The firm had revenue of GBX 1,727.36 billion during the quarter. Marks and Spencer Group had a return on equity of 8.86% and a net margin of 1.50%. As a group, equities analysts forecast that Marks and Spencer Group will post 26.0113154 EPS for the current fiscal year.
About Marks and Spencer Group
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.
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