Marks and Spencer Group’s (MKS) “Hold” Rating Reaffirmed at Numis Securities

Numis Securities reissued their hold rating on shares of Marks and Spencer Group (LON:MKSGet Rating) in a research report released on Thursday morning, Digital Look reports. They currently have a GBX 195 ($2.43) price objective on the retailer’s stock.

MKS has been the subject of a number of other research reports. Citigroup upgraded Marks and Spencer Group to a buy rating and set a GBX 175 ($2.18) price objective for the company in a report on Wednesday, March 22nd. Deutsche Bank Aktiengesellschaft increased their price target on shares of Marks and Spencer Group from GBX 210 ($2.61) to GBX 235 ($2.92) and gave the stock a buy rating in a research note on Thursday. JPMorgan Chase & Co. lifted their price target on shares of Marks and Spencer Group from GBX 115 ($1.43) to GBX 130 ($1.62) and gave the company an underweight rating in a research report on Monday, March 27th. Jefferies Financial Group restated a hold rating and issued a GBX 160 ($1.99) price objective on shares of Marks and Spencer Group in a report on Wednesday, April 12th. Finally, BNP Paribas upgraded shares of Marks and Spencer Group to a neutral rating in a report on Wednesday, March 22nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of Hold and an average price target of GBX 177.25 ($2.20).

Marks and Spencer Group Stock Down 0.9 %

Shares of LON:MKS traded down GBX 1.55 ($0.02) during trading on Thursday, hitting GBX 179.75 ($2.24). The stock had a trading volume of 3,293,811 shares, compared to its average volume of 6,504,322. The company has a market capitalization of ¬£3.54 billion, a PE ratio of 1,197.00, a PEG ratio of 0.20 and a beta of 1.62. The company has a quick ratio of 0.42, a current ratio of 0.88 and a debt-to-equity ratio of 122.67. The firm’s fifty day moving average is GBX 163.37 and its 200 day moving average is GBX 147.06. Marks and Spencer Group has a 12 month low of GBX 91.56 ($1.14) and a 12 month high of GBX 189.10 ($2.35).

Marks and Spencer Group Company Profile

(Get Rating)

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and ‘Food on the Move' products.

See Also

Analyst Recommendations for Marks and Spencer Group (LON:MKS)

Receive News & Ratings for Marks and Spencer Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marks and Spencer Group and related companies with MarketBeat.com's FREE daily email newsletter.