Marks and Spencer Group (OTCMKTS:MAKSY) Upgraded to “Hold” by Zacks Investment Research

Zacks Investment Research upgraded shares of Marks and Spencer Group (OTCMKTS:MAKSY) from a sell rating to a hold rating in a report published on Tuesday, 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. “

MAKSY has been the topic of a number of other reports. Credit Suisse Group reiterated an outperform rating on shares of Marks and Spencer Group in a research note on Tuesday, August 24th. Morgan Stanley downgraded shares of Marks and Spencer Group from an overweight rating to an equal weight rating in a research note on Monday, May 31st. Societe Generale restated a hold rating on shares of Marks and Spencer Group in a research note on Thursday, May 27th. JPMorgan Chase & Co. restated a neutral rating on shares of Marks and Spencer Group in a research note on Tuesday, July 13th. Finally, UBS Group upgraded shares of Marks and Spencer Group from a neutral rating to a buy rating in a research note on Tuesday, September 7th. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of Buy and a consensus price target of $4.75.

MAKSY stock opened at $5.15 on Tuesday. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.42 and a current ratio of 0.69. The company’s 50-day simple moving average is $4.26 and its 200 day simple moving average is $4.30. Marks and Spencer Group has a 52 week low of $2.24 and a 52 week high of $5.25. The company has a market capitalization of $5.04 billion, a PE ratio of 128.75, a price-to-earnings-growth ratio of 0.24 and a beta of 1.84.

About Marks and Spencer Group

Marks & Spencer Group Plc engages in the retail of clothes, food, and home products. It operates through the United Kingdom (UK) and International geographical segment. The UK segment consists of the UK retail business and franchise operations. The International segment includes Marks & Spencer owned businesses in Europe and Asia, and the international franchise operations.

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