Marks and Spencer Group (LON:MKS)‘s stock had its “sell” rating reaffirmed by research analysts at Liberum Capital in a research report issued to clients and investors on Friday, ThisIsMoney.Co.Uk reports.
Several other research firms have also issued reports on MKS. Jefferies Financial Group lowered Marks and Spencer Group to a “hold” rating and dropped their price objective for the company from GBX 310 ($4.05) to GBX 280 ($3.66) in a research note on Tuesday, April 9th. Credit Suisse Group restated an “underperform” rating on shares of Marks and Spencer Group in a research note on Monday, April 29th. Barclays restated an “overweight” rating and issued a GBX 335 ($4.38) price objective on shares of Marks and Spencer Group in a research note on Monday. Royal Bank of Canada dropped their price objective on Marks and Spencer Group from GBX 300 ($3.92) to GBX 270 ($3.53) and set a “sector performer” rating on the stock in a research note on Monday, March 11th. Finally, Numis Securities restated a “reduce” rating on shares of Marks and Spencer Group in a research note on Thursday. Seven equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 275.38 ($3.60).
LON:MKS opened at GBX 263.50 ($3.44) on Friday. The company has a debt-to-equity ratio of 62.77, a quick ratio of 0.26 and a current ratio of 0.73. The company has a market capitalization of $4.32 billion and a price-to-earnings ratio of 146.39. Marks and Spencer Group has a 12-month low of GBX 240 ($3.14) and a 12-month high of GBX 316.60 ($4.14).
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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