MARKS & SPENCER/S (OTCMKTS:MAKSY) Upgraded to “Neutral” at JPMorgan Chase & Co.

MARKS & SPENCER/S (OTCMKTS:MAKSY) was upgraded by stock analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a research note issued to investors on Friday, Briefing.com Automated Import reports.

Separately, Zacks Investment Research upgraded MARKS & SPENCER/S from a “sell” rating to a “hold” rating in a research report on Tuesday, November 12th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $8.25.

Shares of OTCMKTS:MAKSY opened at $5.06 on Friday. The stock has a market capitalization of $4.04 billion, a P/E ratio of 7.67 and a beta of 1.07. The stock’s 50-day moving average price is $4.83 and its 200-day moving average price is $5.02. The company has a current ratio of 0.67, a quick ratio of 0.35 and a debt-to-equity ratio of 0.48. MARKS & SPENCER/S has a 12-month low of $3.93 and a 12-month high of $8.22.

MARKS & SPENCER/S Company Profile

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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