MARKS & SPENCER/S (MAKSY) Cut to “Sell” at Zacks Investment Research

Zacks Investment Research cut shares of MARKS & SPENCER/S (OTCMKTS:MAKSY) from a hold rating to a sell rating in a research report released on Thursday, Zacks.com reports.

According to Zacks, “MARKS & SPENCER is one of the UK’s leading retailers, offering high quality, great value clothing, as well as home products and outstanding quality food. M&S employs over 75,000 people and has over 600 stores in the UK and over 275 stores in 39 territories around the world. “

Other analysts have also issued reports about the stock. Citigroup raised shares of MARKS & SPENCER/S from a neutral rating to a buy rating in a research note on Monday, May 13th. Jefferies Financial Group lowered shares of MARKS & SPENCER/S from a buy rating to a hold rating in a research note on Thursday, February 28th. ValuEngine lowered shares of MARKS & SPENCER/S from a hold rating to a sell rating in a research note on Tuesday, April 16th. Finally, Credit Suisse Group reissued an underperform rating on shares of MARKS & SPENCER/S in a research note on Wednesday, April 17th. Four analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. MARKS & SPENCER/S currently has a consensus rating of Hold and a consensus target price of $8.25.



Shares of MAKSY opened at $6.24 on Thursday. The firm has a market cap of $5.07 billion, a PE ratio of 8.43, a P/E/G ratio of -2.77 and a beta of 1.07. MARKS & SPENCER/S has a 12-month low of $6.00 and a 12-month high of $8.40.

About MARKS & SPENCER/S

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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Analyst Recommendations for MARKS & SPENCER/S (OTCMKTS:MAKSY)

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