Marks and Spencer Group plc (OTCMKTS:MAKSY – Get Rating) has earned a consensus recommendation of “Hold” from the thirteen research firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $275.00.
Several analysts recently weighed in on MAKSY shares. Credit Suisse Group increased their target price on Marks and Spencer Group from GBX 265 ($3.48) to GBX 275 ($3.61) in a research note on Friday, January 14th. Exane BNP Paribas downgraded Marks and Spencer Group from a “neutral” rating to an “underperform” rating in a research note on Tuesday, March 22nd. Finally, Zacks Investment Research downgraded Marks and Spencer Group from a “buy” rating to a “hold” rating in a research note on Thursday, March 17th.
OTCMKTS:MAKSY traded down $0.01 during mid-day trading on Wednesday, hitting $3.96. 8,756 shares of the company’s stock traded hands, compared to its average volume of 34,996. The firm has a 50 day moving average of $4.59 and a two-hundred day moving average of $5.39. Marks and Spencer Group has a 12 month low of $3.51 and a 12 month high of $7.09.
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 Â’Food on the Move' products.
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