Marks and Spencer Group plc (LON:MKS) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Marks and Spencer Group plc (LON:MKS) have earned a consensus recommendation of “Moderate Buy” from the five analysts that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 287 ($3.57).

A number of research firms have weighed in on MKS. Shore Capital reaffirmed a “house stock” rating on shares of Marks and Spencer Group in a report on Thursday, April 11th. Barclays reaffirmed an “overweight” rating and issued a GBX 300 ($3.73) price objective on shares of Marks and Spencer Group in a report on Tuesday, February 6th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Marks and Spencer Group from GBX 260 ($3.24) to GBX 330 ($4.11) and gave the company an “overweight” rating in a report on Thursday, April 11th.

Marks and Spencer Group Trading Up 0.8 %

LON MKS opened at GBX 250.20 ($3.11) on Friday. The company has a market capitalization of £5.08 billion, a PE ratio of 1,251.00, a P/E/G ratio of 3.10 and a beta of 1.57. The company has a fifty day moving average of GBX 247.69 and a 200 day moving average of GBX 247.95. Marks and Spencer Group has a 1 year low of GBX 157.20 ($1.96) and a 1 year high of GBX 293.20 ($3.65). The company has a debt-to-equity ratio of 115.61, a current ratio of 0.80 and a quick ratio of 0.42.

Marks and Spencer Group Company Profile

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.