Marks and Spencer Group (LON:MKS)‘s stock had its “overweight” rating reissued by Barclays in a research note issued to investors on Monday, Digital Look reports. They currently have a GBX 335 ($4.38) price target on the retailer’s stock. Barclays‘s target price would indicate a potential upside of 22.04% from the stock’s previous close.
Several other equities analysts also recently commented on MKS. Jefferies Financial Group downgraded shares of Marks and Spencer Group to a “hold” rating and decreased their price objective for the company from GBX 310 ($4.05) to GBX 280 ($3.66) in a report on Tuesday, April 9th. Royal Bank of Canada upped their price objective on shares of Marks and Spencer Group from GBX 270 ($3.53) to GBX 280 ($3.66) and gave the company a “sector performer” rating in a report on Wednesday, April 17th. Credit Suisse Group downgraded shares of Marks and Spencer Group to an “underperform” rating and decreased their price objective for the company from GBX 315 ($4.12) to GBX 250 ($3.27) in a report on Thursday, April 11th. Societe Generale decreased their price objective on shares of Marks and Spencer Group from GBX 301 ($3.93) to GBX 230 ($3.01) and set a “sell” rating on the stock in a report on Tuesday, April 9th. Finally, Peel Hunt reiterated a “buy” rating on shares of Marks and Spencer Group in a report on Wednesday, February 27th. Six analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 275.38 ($3.60).
LON:MKS opened at GBX 274.50 ($3.59) on Monday. Marks and Spencer Group has a one year low of GBX 240 ($3.14) and a one year high of GBX 316.60 ($4.14). The firm has a market capitalization of $4.45 billion and a price-to-earnings ratio of 152.50. The company has a debt-to-equity ratio of 62.77, a quick ratio of 0.26 and a current ratio of 0.73.
Marks and Spencer Group plc operates various retail stores. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online. The company operates 1463 stores, including 253 owned and 383 franchise Simply Food stores; and 343 full-line and outlet stores in the United Kingdom.
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