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

MAKSY has been the topic of several other reports. Deutsche Bank AG reissued a “hold” rating on shares of Marks and Spencer Group Plc in a research report on Wednesday, August 31st. Zacks Investment Research raised shares of Marks and Spencer Group Plc from a “sell” rating to a “hold” rating in a research report on Wednesday, October 5th. Citigroup Inc. raised shares of Marks and Spencer Group Plc from a “neutral” rating to a “buy” rating in a research report on Monday, November 14th. Beaufort Securities reissued a “hold” rating on shares of Marks and Spencer Group Plc in a research report on Thursday, November 10th. Finally, RBC Capital Markets reissued an “outperform” rating on shares of Marks and Spencer Group Plc in a research report on Monday, August 1st. Twelve investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $16.00.

Analyst Recommendations for Marks and Spencer Group Plc (NASDAQ:MAKSY)

Shares of Marks and Spencer Group Plc (NASDAQ:MAKSY) traded up 0.49% during trading on Tuesday, hitting $8.14. 5,252 shares of the stock were exchanged. The stock has a market cap of $6.59 billion and a price-to-earnings ratio of 13.48. Marks and Spencer Group Plc has a 12-month low of $7.35 and a 12-month high of $15.40. The stock’s 50 day moving average is $8.23 and its 200-day moving average is $9.06.

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About Marks and Spencer Group Plc

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.

5 Day Chart for NASDAQ:MAKSY

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