Marks and Spencer Group (OTCMKTS:MAKSY) Rating Increased to Buy at Berenberg Bank

Marks and Spencer Group (OTCMKTS:MAKSY) was upgraded by Berenberg Bank from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.

Separately, Royal Bank Of Canada cut Marks and Spencer Group from a “moderate buy” rating to a “hold” rating in a research report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Marks and Spencer Group Price Performance

Shares of OTCMKTS:MAKSY opened at $9.28 on Friday. The company’s 50-day moving average price is $9.10 and its two-hundred day moving average price is $9.47. Marks and Spencer Group has a one year low of $7.99 and a one year high of $11.51. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.81 and a quick ratio of 0.46.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc (OTCMKTS: MAKSY), commonly known as M&S, is a leading British retailer operating a network of full-line stores, food halls and online channels. The company’s retail portfolio spans clothing and home products as well as premium grocery offerings. M&S is recognized for its emphasis on quality, innovation and ethical sourcing across its range of private-label apparel, homeware and prepared foods.

In the apparel and home division, M&S designs and markets women’s, men’s and children’s fashion under core brands such as Autograph, Per Una and Collection, alongside its own bedding, kitchenware and furnishings.