Marks and Spencer Group (LON:MKS) Given “House Stock” Rating at Shore Capital

Marks and Spencer Group (LON:MKSGet Rating)‘s stock had its “house stock” rating restated by equities research analysts at Shore Capital in a note issued to investors on Friday, MarketBeat.com reports.

Other research analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 260 ($3.21) price target on shares of Marks and Spencer Group in a report on Friday, March 11th. Morgan Stanley reissued an “equal weight” rating on shares of Marks and Spencer Group in a research note on Friday, March 25th. Barclays restated an “overweight” rating and set a GBX 215 ($2.65) price target on shares of Marks and Spencer Group in a report on Tuesday, May 3rd. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 205 ($2.53) price target on shares of Marks and Spencer Group in a research note on Friday, January 14th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 200 ($2.47) price objective on shares of Marks and Spencer Group in a research report on Tuesday, May 3rd. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 224.88 ($2.77).

MKS opened at GBX 140.90 ($1.74) on Friday. The business’s 50-day moving average is GBX 151.77 and its two-hundred day moving average is GBX 194.50. Marks and Spencer Group has a 1 year low of GBX 129.75 ($1.60) and a 1 year high of GBX 263 ($3.24). The company has a debt-to-equity ratio of 158.42, a current ratio of 0.86 and a quick ratio of 0.52. The firm has a market capitalization of £2.76 billion and a PE ratio of 93.93.

About Marks and Spencer Group (Get Rating)

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.

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