Marks and Spencer Group PLC (OTCMKTS:MAKSY) Receives Consensus Recommendation of “Buy” from Brokerages

Marks and Spencer Group PLC (OTCMKTS:MAKSY – Get Free Report) has been assigned a consensus rating of “Buy” from the six research firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have given a strong buy recommendation to the company.

Several brokerages recently issued reports on MAKSY. Sanford C. Bernstein raised shares of Marks and Spencer Group to a “strong-buy” rating in a report on Thursday. Morgan Stanley began coverage on Marks and Spencer Group in a research note on Monday. They issued an “overweight” rating on the stock.

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Marks and Spencer Group Stock Performance

Shares of OTCMKTS MAKSY traded up $0.17 during midday trading on Monday, hitting $8.69. The stock had a trading volume of 31,491 shares, compared to its average volume of 113,238. Marks and Spencer Group has a 52 week low of $8.19 and a 52 week high of $11.32. The company has a current ratio of 0.81, a quick ratio of 0.46 and a debt-to-equity ratio of 1.01. The business’s 50 day moving average is $9.30 and its 200-day moving average is $9.56.

Marks and Spencer Group Company Profile

(Get Free Report)

Marks and Spencer Group plc (OTCMKTS: MAKSY), commonly known as M&S, is a leading British retailer operating a network of full-line stores, food halls and online channels. The company’s retail portfolio spans clothing and home products as well as premium grocery offerings. M&S is recognized for its emphasis on quality, innovation and ethical sourcing across its range of private-label apparel, homeware and prepared foods.

In the apparel and home division, M&S designs and markets women’s, men’s and children’s fashion under core brands such as Autograph, Per Una and Collection, alongside its own bedding, kitchenware and furnishings.

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