Marks and Spencer Group’s (MKS) Reduce Rating Reiterated at Numis Securities

Marks and Spencer Group (LON:MKS)‘s stock had its “reduce” rating restated by equities research analysts at Numis Securities in a report issued on Thursday, ThisIsMoney.Co.Uk reports.

Several other brokerages have also recently weighed in on MKS. Jefferies Financial Group cut Marks and Spencer Group to a “hold” rating and decreased their price target for the company from GBX 310 ($4.05) to GBX 280 ($3.66) in a research report on Tuesday, April 9th. Liberum Capital reiterated a “sell” rating on shares of Marks and Spencer Group in a research report on Monday, February 4th. Credit Suisse Group reiterated an “underperform” rating on shares of Marks and Spencer Group in a research report on Monday, April 29th. Barclays reiterated an “overweight” rating and set a GBX 335 ($4.38) price target on shares of Marks and Spencer Group in a research report on Monday. Finally, Royal Bank of Canada decreased their price target on Marks and Spencer Group from GBX 300 ($3.92) to GBX 270 ($3.53) and set a “sector performer” rating on the stock in a research report on Monday, March 11th. Seven 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 company. The company presently has an average rating of “Hold” and an average target price of GBX 275.38 ($3.60).

Shares of MKS opened at GBX 273.40 ($3.57) on Thursday. Marks and Spencer Group has a twelve month low of GBX 240 ($3.14) and a twelve month high of GBX 316.60 ($4.14). The stock has a market cap of $4.45 billion and a PE ratio of 151.89. The company has a current ratio of 0.73, a quick ratio of 0.26 and a debt-to-equity ratio of 62.77.

About Marks and Spencer Group

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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