Marks Electrical Group (LON:MRK) Earns “Hold” Rating from Shore Capital Group

Marks Electrical Group (LON:MRK)‘s stock had its “hold” rating reaffirmed by analysts at Shore Capital Group in a research note issued on Friday, MarketBeat reports.

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 55 price target on shares of Marks Electrical Group in a research report on Thursday. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 52.50.

Marks Electrical Group Stock Down 0.1%

Shares of Marks Electrical Group stock opened at GBX 47.95 on Friday. The company has a debt-to-equity ratio of 31.31, a quick ratio of 0.62 and a current ratio of 1.42. Marks Electrical Group has a 52-week low of GBX 42 and a 52-week high of GBX 63. The company’s 50 day moving average price is GBX 46.43 and its 200-day moving average price is GBX 48.03. The stock has a market capitalization of £50.00 million, a price-to-earnings ratio of -46.55 and a beta of 0.67.

Marks Electrical Group Company Profile

Marks Electrical Group PLC, together with its subsidiary, engages in the supply of domestic electrical appliances and consumer electronics in the United Kingdom. The company also provides removal and recycling of packaging; collection and recycling of old appliances; and extended warranties and installation services. It sells its products through online platform. The company was formerly known as Marks Electrical Holding Limited and changed its name to Marks Electrical Group PLC in October 2021. Marks Electrical Group PLC was founded in 1987 and is headquartered in Leicester, United Kingdom.