Marks and Spencer Group Plc (MAKSY) Given Average Rating of “Hold” by Brokerages

Marks and Spencer Group Plc (NASDAQ:MAKSY) has earned an average rating of “Hold” from the eight brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $11.00.

Separately, Zacks Investment Research upgraded shares of Marks and Spencer Group Plc from a “sell” rating to a “hold” rating in a research note on Monday, April 24th.

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Shares of Marks and Spencer Group Plc (MAKSY) traded up 0.47% on Monday, hitting $8.59. 23,585 shares of the stock were exchanged. The company’s 50 day moving average is $8.63 and its 200-day moving average is $8.84. Marks and Spencer Group Plc has a 52-week low of $7.72 and a 52-week high of $10.39. The stock has a market cap of $6.97 billion and a PE ratio of 45.21.

The firm also recently announced a None dividend, which was paid on Friday, July 21st. Stockholders of record on Monday, June 5th were given a dividend of $0.296 per share. The ex-dividend date was Thursday, June 1st.

About Marks and Spencer Group Plc

Marks and Spencer Group plc (M&S) is a retailer in the United Kingdom, with over 1,380 stores around the world. The Company is the holding company of the Marks & Spencer Group of companies. The Company operates through two segments: UK and International. The UK segment consists of the United Kingdom retail business and the United Kingdom franchise operations.

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