Shares of Marks and Spencer Group plc (LON:MKS – Get Free Report) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 437.14.
Several research firms have commented on MKS. Berenberg Bank reissued a “buy” rating and set a GBX 480 target price on shares of Marks and Spencer Group in a research note on Thursday, September 17th. Shore Capital Group reiterated a “house stock” rating on shares of Marks and Spencer Group in a research report on Thursday, July 16th. Citigroup raised their price objective on shares of Marks and Spencer Group from GBX 390 to GBX 470 and gave the company a “buy” rating in a research report on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 435 price objective on shares of Marks and Spencer Group in a research report on Thursday, August 13th. Finally, JPMorgan Chase & Co. upgraded shares of Marks and Spencer Group to an “overweight” rating and boosted their target price for the stock from GBX 440 to GBX 450 in a report on Tuesday, July 21st.
Read Our Latest Report on Marks and Spencer Group
Marks and Spencer Group Stock Performance
Shares of LON MKS opened at GBX 418.89 on Thursday. The company has a market cap of £8.67 billion, a PE ratio of 34.06, a P/E/G ratio of 0.20 and a beta of 1.00. The company has a current ratio of 0.86, a quick ratio of 0.42 and a debt-to-equity ratio of 111.89. Marks and Spencer Group has a 12-month low of GBX 301.10 and a 12-month high of GBX 429.40. The stock has a 50 day simple moving average of GBX 387.27 and a 200-day simple moving average of GBX 372.61.
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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