Barclays reissued their overweight rating on shares of Marks and Spencer Group (LON:MKS) in a research report sent to investors on Monday, Digital Look reports. They currently have a GBX 290 ($3.79) price objective on the retailer’s stock.

Several other research analysts have also commented on MKS. Shore Capital reissued a house stock rating on shares of Marks and Spencer Group in a research report on Friday, July 12th. JPMorgan Chase & Co. reissued an underweight rating and issued a GBX 230 ($3.01) price target (down from GBX 250 ($3.27)) on shares of Marks and Spencer Group in a research report on Thursday, May 23rd. UBS Group reissued a neutral rating and issued a GBX 250 ($3.27) price target (down from GBX 295 ($3.85)) on shares of Marks and Spencer Group in a research report on Friday, May 24th. Berenberg Bank reissued a sell rating and issued a GBX 250 ($3.27) price target on shares of Marks and Spencer Group in a research report on Tuesday, July 30th. Finally, HSBC reissued a hold rating on shares of Marks and Spencer Group in a research report on Friday, May 24th. Eight investment analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 249.77 ($3.26).

MKS opened at GBX 180.35 ($2.36) on Monday. The firm has a market cap of $3.52 billion and a price-to-earnings ratio of 85.88. The company has a current ratio of 0.67, a quick ratio of 0.27 and a debt-to-equity ratio of 66.87. Marks and Spencer Group has a 12 month low of GBX 187.55 ($2.45) and a 12 month high of GBX 315 ($4.12). The stock has a fifty day moving average price of GBX 203.79 and a 200-day moving average price of GBX 250.04.

In other Marks and Spencer Group news, insider Katie Bickerstaffe bought 2,000 shares of Marks and Spencer Group stock in a transaction that occurred on Wednesday, May 22nd. The shares were bought at an average cost of GBX 249 ($3.25) per share, with a total value of £4,980 ($6,507.25). Also, insider Steve Rowe sold 15,873 shares of the company’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of GBX 205 ($2.68), for a total value of £32,539.65 ($42,518.82).

Marks and Spencer Group 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 and Spencer Group (LON:MKS)

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