Marks and Spencer Group (OTCMKTS:MAKSY) Coverage Initiated at Deutsche Bank Aktiengesellschaft

Stock analysts at Deutsche Bank Aktiengesellschaft started coverage on shares of Marks and Spencer Group (OTCMKTS:MAKSY) in a report issued on Tuesday, Briefing.com reports. The firm set a “buy” rating on the stock.

Several other research analysts have also recently issued reports on the company. Barclays increased their price target on Marks and Spencer Group from GBX 260 ($3.25) to GBX 270 ($3.38) in a research note on Wednesday, August 16th. Morgan Stanley upgraded shares of Marks and Spencer Group from an “equal weight” rating to an “overweight” rating in a report on Wednesday, September 13th. JPMorgan Chase & Co. raised Marks and Spencer Group from an “underweight” rating to a “neutral” rating in a report on Thursday, November 9th. Finally, Bank of America raised Marks and Spencer Group from a “neutral” rating to a “buy” rating in a research note on Friday, September 29th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $203.83.

Marks and Spencer Group Stock Performance

Shares of OTCMKTS:MAKSY opened at $6.30 on Tuesday. The firm’s 50 day moving average is $5.66 and its two-hundred day moving average is $5.25. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.51 and a current ratio of 0.80. Marks and Spencer Group has a 52 week low of $2.79 and a 52 week high of $6.37.

About Marks and Spencer Group

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.