Marks Electrical Group (LON:MRK) Stock Rating Reaffirmed by Canaccord Genuity Group

Marks Electrical Group (LON:MRK)‘s stock had its “buy” rating reaffirmed by Canaccord Genuity Group in a research report issued to clients and investors on Thursday, MarketBeat reports. They presently have a GBX 123 ($1.51) target price on the stock. Canaccord Genuity Group’s target price points to a potential upside of 34.43% from the stock’s previous close.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Marks Electrical Group in a research report on Thursday, October 12th.

Marks Electrical Group Price Performance

LON:MRK opened at GBX 91.50 ($1.12) on Thursday. Marks Electrical Group has a 52-week low of GBX 72 ($0.88) and a 52-week high of GBX 110 ($1.35). The company has a market cap of £96.03 million, a P/E ratio of 1,830.00 and a beta of 0.93. The company has a debt-to-equity ratio of 10.08, a quick ratio of 0.62 and a current ratio of 1.59. The stock’s 50-day simple moving average is GBX 97.33 and its 200 day simple moving average is GBX 95.03.

Marks Electrical Group Company Profile

Marks Electrical Group PLC operates as an electrical retailer in the United Kingdom. It sells, delivers, and installs domestic electrical appliances, consumer electronics, and warranty products. The company was formerly known as Marks Electrical Holding Limited and changed its name to Marks Electrical Group PLC in October 2021.