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

Marks and Spencer Group (LON:MKS)‘s stock had its “house stock” rating reaffirmed by investment analysts at Shore Capital Group in a report issued on Thursday, Marketbeat.com reports.

A number of other equities research analysts have also weighed in on the company. Peel Hunt reiterated a “hold” rating and issued a GBX 360 price objective on shares of Marks and Spencer Group in a research report on Wednesday, November 5th. UBS Group reaffirmed a “buy” rating and issued a GBX 435 price target on shares of Marks and Spencer Group in a research note on Friday, November 7th. Royal Bank Of Canada cut shares of Marks and Spencer Group to a “sector perform” rating and lifted their price target for the company from GBX 375 to GBX 400 in a report on Monday, October 20th. Citigroup boosted their price objective on shares of Marks and Spencer Group from GBX 440 to GBX 450 and gave the company a “buy” rating in a research report on Monday, November 10th. Finally, Berenberg Bank raised shares of Marks and Spencer Group to a “buy” rating and raised their target price for the stock from GBX 412 to GBX 415 in a research report on Thursday, January 8th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Marks and Spencer Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 415.83.

Marks and Spencer Group Stock Performance

Shares of LON:MKS opened at GBX 385 on Thursday. The company has a market cap of £7.76 billion, a price-to-earnings ratio of 427.78, a price-to-earnings-growth ratio of 0.20 and a beta of 1.62. The company has a 50-day moving average price of GBX 343.45 and a 200-day moving average price of GBX 355.29. The company has a current ratio of 0.82, a quick ratio of 0.42 and a debt-to-equity ratio of 95.00. Marks and Spencer Group has a 12 month low of GBX 315.30 and a 12 month high of GBX 417.80.

Marks and Spencer Group (LON:MKS) last posted its earnings results on Wednesday, November 5th. The retailer reported GBX 6.60 earnings per share (EPS) for the quarter. Marks and Spencer Group had a return on equity of 17.23% and a net margin of 3.77%. As a group, equities analysts anticipate that Marks and Spencer Group will post 26.0113154 EPS for the current year.

Insider Buying and Selling

In other Marks and Spencer Group news, insider Sean Doyle bought 2,526 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were purchased at an average price of GBX 334 per share, for a total transaction of £8,436.84. Corporate insiders own 0.51% of the company’s stock.

About Marks and Spencer Group

M&S has a heritage of quality, innovation and value for money and has been voted the UK’s most trusted brand. From these foundations, M&S is reshaping for sustainable profitable growth and value creation.

We operate as a family of businesses, selling high-quality, great-value, own-brand products and services, alongside a carefully selected range of third-party brands. We do this through a network of stores and websites globally, and together, across our stores, support centres, warehouses and supply chain, our 65,000 colleagues serve over 30 million customers each year.