Marks and Spencer Group (LON:MKS – Get Free Report)’s stock had its “house stock” rating restated by analysts at Shore Capital in a research report issued to clients and investors on Thursday, Digital Look reports.
Several other research firms also recently weighed in on MKS. Barclays reissued an “overweight” rating and issued a GBX 300 ($3.81) price objective on shares of Marks and Spencer Group in a report on Tuesday, February 6th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 260 ($3.30) price target on shares of Marks and Spencer Group in a report on Thursday, December 14th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 310 ($3.93) price target on shares of Marks and Spencer Group in a report on Tuesday, November 21st. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 242.86 ($3.08).
Marks and Spencer Group Stock Performance
Shares of MKS stock traded up GBX 3.30 ($0.04) during trading hours on Thursday, hitting GBX 244.10 ($3.10). The stock had a trading volume of 10,183,958 shares, compared to its average volume of 7,804,430. The firm has a market capitalization of £4.81 billion, a PE ratio of 1,216.00, a PEG ratio of 2.94 and a beta of 1.56. Marks and Spencer Group has a twelve month low of GBX 136.10 ($1.73) and a twelve month high of GBX 293.20 ($3.72). The stock’s 50 day moving average is GBX 251.94 and its 200 day moving average is GBX 241.94. The company has a debt-to-equity ratio of 115.61, a current ratio of 0.80 and a quick ratio of 0.42.
Insiders Place Their Bets
In other Marks and Spencer Group news, insider Stuart Machin sold 23,686 shares of the stock in a transaction on Monday, December 11th. The stock was sold at an average price of GBX 259 ($3.29), for a total value of £61,346.74 ($77,861.07). Over the last quarter, insiders acquired 176 shares of company stock worth $45,013. 0.88% of the stock is owned by corporate insiders.
About Marks and Spencer Group
Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move’ products.