Marks and Spencer Group (LON:MKS)‘s stock had its “sell” rating restated by analysts at Liberum Capital in a research report issued on Friday, ThisIsMoney.Co.Uk reports.
MKS has been the topic of a number of other research reports. Peel Hunt lowered Marks and Spencer Group to a “hold” rating and reduced their price objective for the stock from GBX 300 ($3.92) to GBX 200 ($2.61) in a research report on Wednesday, October 2nd. HSBC increased their target price on Marks and Spencer Group from GBX 150 ($1.96) to GBX 155 ($2.03) and gave the company a “reduce” rating in a research report on Friday, November 15th. Goldman Sachs Group assumed coverage on Marks and Spencer Group in a research note on Monday, September 2nd. They set a “sell” rating and a GBX 170 ($2.22) price target on the stock. Shore Capital restated a “house stock” rating on shares of Marks and Spencer Group in a report on Monday, November 25th. Finally, Societe Generale raised Marks and Spencer Group to a “hold” rating and upped their price objective for the company from GBX 179 ($2.34) to GBX 189 ($2.47) in a research note on Thursday, November 7th. Seven investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 214 ($2.80).
Shares of MKS opened at GBX 198.55 ($2.59) on Friday. Marks and Spencer Group has a 52 week low of GBX 161.35 ($2.11) and a 52 week high of GBX 310.30 ($4.05). The stock has a market capitalization of $3.77 billion and a price-to-earnings ratio of 39.71. The company has a debt-to-equity ratio of 145.15, a quick ratio of 0.34 and a current ratio of 0.74. The stock has a fifty day moving average of GBX 188.53 and a 200-day moving average of GBX 202.10.
About Marks and Spencer Group
Marks and Spencer Group plc operates various retail stores. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online. The company operates 1463 stores, including 253 owned and 383 franchise Simply Food stores; and 343 full-line and outlet stores in the United Kingdom.
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