Marks and Spencer Group plc (LON:MKS) Given Consensus Recommendation of “Moderate Buy” by Analysts

Marks and Spencer Group plc (LON:MKS) has been given an average recommendation of “Moderate Buy” by the five brokerages that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 287 ($3.57).

Several research firms have issued reports on MKS. Barclays restated an “overweight” rating and set a GBX 300 ($3.73) target price on shares of Marks and Spencer Group in a research report on Tuesday, February 6th. JPMorgan Chase & Co. increased their price objective on Marks and Spencer Group from GBX 260 ($3.24) to GBX 330 ($4.11) and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Finally, Shore Capital reiterated a “house stock” rating on shares of Marks and Spencer Group in a research report on Thursday, April 11th.

Marks and Spencer Group Trading Up 0.8 %

LON:MKS opened at GBX 250.20 ($3.11) on Friday. The company has a market cap of £5.08 billion, a P/E ratio of 1,251.00, a P/E/G ratio of 3.10 and a beta of 1.57. The stock’s fifty day moving average price is GBX 247.69 and its two-hundred day moving average price is GBX 247.95. Marks and Spencer Group has a 1 year low of GBX 157.20 ($1.96) and a 1 year high of GBX 293.20 ($3.65). The company has a debt-to-equity ratio of 115.61, a current ratio of 0.80 and a quick ratio of 0.42.

Marks and Spencer Group Company Profile

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.