Marks and Spencer Group (LON:MKS)‘s stock had its “house stock” rating reaffirmed by Shore Capital in a research note issued on Wednesday, Digital Look reports.
Several other brokerages have also recently issued reports on MKS. Peel Hunt restated a “buy” rating on shares of Marks and Spencer Group in a research report on Wednesday, February 27th. JPMorgan Chase & Co. decreased their price target on shares of Marks and Spencer Group from GBX 285 ($3.72) to GBX 250 ($3.27) and set an “underweight” rating for the company in a research report on Thursday, January 24th. Liberum Capital restated a “sell” rating on shares of Marks and Spencer Group in a research report on Monday, February 4th. Credit Suisse Group restated an “underperform” rating on shares of Marks and Spencer Group in a research report on Monday, April 29th. Finally, Royal Bank of Canada upped their price target on shares of Marks and Spencer Group from GBX 270 ($3.53) to GBX 280 ($3.66) and gave the company a “sector performer” rating in a research report on Wednesday, April 17th. Seven investment analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. Marks and Spencer Group currently has a consensus rating of “Hold” and a consensus price target of GBX 275.38 ($3.60).
LON MKS traded down GBX 25.40 ($0.33) on Wednesday, hitting GBX 245.80 ($3.21). The company’s stock had a trading volume of 22,126,561 shares, compared to its average volume of 7,590,000. The company has a debt-to-equity ratio of 62.77, a quick ratio of 0.26 and a current ratio of 0.73. Marks and Spencer Group has a 1-year low of GBX 240 ($3.14) and a 1-year high of GBX 316.60 ($4.14). The stock has a market cap of $3.99 billion and a P/E ratio of 136.56.
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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