Marks and Spencer Group Plc (MAKSY) Stock Rating Lowered by Zacks Investment Research
Marks and Spencer Group Plc (NASDAQ:MAKSY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday.
According to Zacks, “MARKS & SPENCER is one of the UK’s leading retailers, offering high quality, great value clothing, as well as home products and outstanding quality food. M&S employs over 75,000 people and has over 600 stores in the UK and over 275 stores in 39 territories around the world. “
Marks and Spencer Group Plc (NASDAQ:MAKSY) traded down 2.21% during trading on Wednesday, hitting $8.42. The stock had a trading volume of 535 shares. The firm has a market cap of $6.83 billion and a P/E ratio of 45.27. Marks and Spencer Group Plc has a 52-week low of $7.72 and a 52-week high of $10.39. The company has a 50-day moving average of $8.43 and a 200 day moving average of $8.81.
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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.
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