Marks and Spencer Group (LON:MKS) Receives House Stock Rating from Shore Capital

Marks and Spencer Group (LON:MKSGet Rating)‘s stock had its “house stock” rating reiterated by stock analysts at Shore Capital in a research report issued on Tuesday, LSE.Co.UK reports.

MKS has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Marks and Spencer Group from GBX 185 ($2.27) to GBX 165 ($2.02) and set a “hold” rating on the stock in a research report on Wednesday, May 25th. Barclays reissued an “overweight” rating and set a GBX 215 ($2.63) target price on shares of Marks and Spencer Group in a research report on Monday, May 30th. Morgan Stanley reissued an “equal weight” rating on shares of Marks and Spencer Group in a research report on Friday, March 25th. JPMorgan Chase & Co. cut their price target on shares of Marks and Spencer Group from GBX 205 ($2.51) to GBX 180 ($2.20) and set a “neutral” rating on the stock in a report on Thursday, May 26th. Finally, Berenberg Bank cut their price target on shares of Marks and Spencer Group from GBX 265 ($3.25) to GBX 215 ($2.63) and set a “buy” rating on the stock in a report on Thursday, April 14th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 206.13 ($2.52).

LON MKS opened at GBX 142.75 ($1.75) on Tuesday. The company’s fifty day simple moving average is GBX 142.80 and its 200-day simple moving average is GBX 179.10. Marks and Spencer Group has a 52 week low of GBX 127 ($1.56) and a 52 week high of GBX 263 ($3.22). The company has a current ratio of 0.92, a quick ratio of 0.57 and a debt-to-equity ratio of 130.51. The stock has a market cap of £2.80 billion and a P/E ratio of 9.45.

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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Analyst Recommendations for Marks and Spencer Group (LON:MKS)

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