Zacks Investment Research upgraded shares of MARKS & SPENCER/S (OTCMKTS:MAKSY) from a sell rating to a hold rating in a research report sent to investors on Wednesday morning, Zacks.com reports.

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. “

MAKSY has been the topic of several other reports. ValuEngine cut shares of Wave Life Sciences from a buy rating to a hold rating in a report on Tuesday, April 16th. HSBC reaffirmed a hold rating on shares of MARKS & SPENCER/S in a report on Friday, May 24th. Citigroup set a $13.00 target price on shares of e.l.f. Beauty and gave the stock a hold rating in a report on Monday, May 13th. Finally, Credit Suisse Group reissued an underperform rating on shares of MARKS & SPENCER/S in a research note on Wednesday, April 17th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. MARKS & SPENCER/S has a consensus rating of Hold and an average target price of $8.25.

Shares of MAKSY opened at $5.13 on Wednesday. MARKS & SPENCER/S has a 12 month low of $5.04 and a 12 month high of $8.22. The stock’s 50 day simple moving average is $5.41. The company has a market capitalization of $4.17 billion, a PE ratio of 7.77 and a beta of 1.07. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.67 and a quick ratio of 0.35.

About MARKS & SPENCER/S

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.

Recommended Story: What is the LIBOR?

Get a free copy of the Zacks research report on MARKS & SPENCER/S (MAKSY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for MARKS & SPENCER/S (OTCMKTS:MAKSY)

Receive News & Ratings for MARKS & SPENCER/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MARKS & SPENCER/S and related companies with MarketBeat.com's FREE daily email newsletter.