Shore Capital Reaffirms House Stock Rating for Marks and Spencer Group (LON:MKS)

Shore Capital reiterated their house stock rating on shares of Marks and Spencer Group (LON:MKS) in a report published on Thursday morning, Marketbeat reports.

A number of other analysts have also commented on the company. JPMorgan Chase & Co. reissued a neutral rating and set a GBX 260 ($3.29) price target on shares of Marks and Spencer Group in a research note on Thursday, December 14th. Barclays restated an overweight rating and set a GBX 300 ($3.80) price objective on shares of Marks and Spencer Group in a research report on Tuesday, February 6th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of Moderate Buy and an average price target of GBX 287 ($3.63).

Marks and Spencer Group Stock Performance

Shares of MKS stock opened at GBX 255.40 ($3.23) on Thursday. The business’s 50-day moving average price is GBX 246.98 and its 200-day moving average price is GBX 247.73. Marks and Spencer Group has a 12 month low of GBX 157.20 ($1.99) and a 12 month high of GBX 293.20 ($3.71). The firm has a market capitalization of £5.18 billion, a price-to-earnings ratio of 1,277.00, a PEG ratio of 3.10 and a beta of 1.57. The company has a current ratio of 0.80, a quick ratio of 0.42 and a debt-to-equity ratio of 115.61.

About Marks and Spencer Group

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.