Analysts Set Marks and Spencer Group plc (LON:MKS) PT at GBX 254.17

Marks and Spencer Group plc (LON:MKS) has received an average rating of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 254.17 ($3.21).

Several equities research analysts have recently commented on MKS shares. Shore Capital restated a “house stock” rating on shares of Marks and Spencer Group in a research note on Thursday, March 7th. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 260 ($3.29) target price on shares of Marks and Spencer Group in a research note on Thursday, December 14th. Finally, Barclays restated an “overweight” rating and issued a GBX 300 ($3.79) target price on shares of Marks and Spencer Group in a research note on Tuesday, February 6th.

Marks and Spencer Group Stock Up 0.8 %

MKS opened at GBX 265.90 ($3.36) on Monday. Marks and Spencer Group has a fifty-two week low of GBX 154.30 ($1.95) and a fifty-two week high of GBX 293.20 ($3.71). The company has a debt-to-equity ratio of 115.61, a current ratio of 0.80 and a quick ratio of 0.42. The firm’s fifty day moving average price is GBX 244.68 and its two-hundred day moving average price is GBX 244.83. The company has a market capitalization of £5.40 billion, a P/E ratio of 1,329.50, a P/E/G ratio of 2.96 and a beta of 1.57.

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.