Marks and Spencer Group Plc (OTC:MAKSY) was downgraded by equities researchers at Investec from a “hold” rating to a “sell” rating in a report released on Tuesday.

Shares of Marks and Spencer Group Plc (OTC:MAKSY) traded up 0.62% on Tuesday, hitting $8.15. The stock had a trading volume of 61,023 shares. The company’s 50-day moving average price is $8.23 and its 200 day moving average price is $9.06. The firm has a market cap of $6.60 billion and a P/E ratio of 13.49. Marks and Spencer Group Plc has a 12-month low of $7.35 and a 12-month high of $15.40.

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Marks and Spencer Group Plc Company Profile

Marks and Spencer Group plc (M&S) is a retailer in the United Kingdom, with over 1,380 stores around the world. The Company is the holding company of the Marks & Spencer Group of companies. The Company operates through two segments: UK and International. The UK segment consists of the United Kingdom retail business and the United Kingdom franchise operations.

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