MARKS & SPENCER/S (OTCMKTS:MAKSY) Raised to Buy at Goldman Sachs Group

MARKS & SPENCER/S (OTCMKTS:MAKSY) was upgraded by equities researchers at Goldman Sachs Group from a “sell” rating to a “buy” rating in a report issued on Monday, The Fly reports.

MAKSY has been the topic of a number of other research reports. Zacks Investment Research raised MARKS & SPENCER/S from a “sell” rating to a “hold” rating in a report on Tuesday, November 12th. JPMorgan Chase & Co. upgraded MARKS & SPENCER/S from an “underweight” rating to a “neutral” rating in a research note on Friday. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $8.25.

MARKS & SPENCER/S stock opened at $5.24 on Monday. The firm has a market capitalization of $4.26 billion, a P/E ratio of 7.94 and a beta of 1.07. MARKS & SPENCER/S has a one year low of $3.93 and a one year high of $8.22. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.67 and a quick ratio of 0.35. The business has a fifty day moving average price of $4.83 and a 200-day moving average price of $5.01.

MARKS & SPENCER/S Company Profile

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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