MARKS & SPENCER/S (MAKSY) Upgraded to Buy by Citigroup

Citigroup upgraded shares of MARKS & SPENCER/S (OTCMKTS:MAKSY) from a neutral rating to a buy rating in a report released on Monday, The Fly reports.

A number of other research firms have also recently commented on MAKSY. Zacks Investment Research cut shares of MARKS & SPENCER/S from a hold rating to a sell rating in a research report on Thursday, January 24th. Credit Suisse Group restated an underperform rating on shares of MARKS & SPENCER/S in a research report on Wednesday, April 17th. ValuEngine cut shares of MARKS & SPENCER/S from a hold rating to a sell rating in a research report on Tuesday, April 16th. Finally, Jefferies Financial Group cut shares of MARKS & SPENCER/S from a buy rating to a hold rating in a research report on Thursday, February 28th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. MARKS & SPENCER/S currently has a consensus rating of Hold and a consensus target price of $8.25.

MAKSY opened at $6.75 on Monday. MARKS & SPENCER/S has a 12 month low of $6.00 and a 12 month high of $8.40. The firm has a market capitalization of $5.56 billion, a P/E ratio of 9.13, a PEG ratio of -2.82 and a beta of 1.07.

About MARKS & SPENCER/S

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.

Read More: What is Liquidity?

The Fly

Analyst Recommendations for MARKS & SPENCER/S (OTCMKTS:MAKSY)

Receive News & Ratings for MARKS & SPENCER/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MARKS & SPENCER/S and related companies with MarketBeat.com's FREE daily email newsletter.