Marks Electrical Group PLC (LON:MRK – Get Free Report) dropped 2.2% during trading on Thursday . The stock traded as low as GBX 45 and last traded at GBX 45. Approximately 27,649 shares were traded during trading, an increase of 57% from the average daily volume of 17,666 shares. The stock had previously closed at GBX 46.
Analysts Set New Price Targets
Separately, Shore Capital Group initiated coverage on Marks Electrical Group in a report on Thursday, November 13th. They set a “hold” rating and a GBX 50 price target on the stock. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Marks Electrical Group presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 50.50.
Check Out Our Latest Stock Report on MRK
Marks Electrical Group Price Performance
Marks Electrical Group (LON:MRK – Get Free Report) last announced its quarterly earnings results on Thursday, November 13th. The company reported GBX (0.31) EPS for the quarter. Marks Electrical Group had a net margin of 0.37% and a return on equity of 3.05%. As a group, research analysts anticipate that Marks Electrical Group PLC will post 3.5523979 EPS for the current year.
Marks Electrical Group Company Profile
Marks Electrical Group PLC, together with its subsidiary, engages in the supply of domestic electrical appliances and consumer electronics in the United Kingdom. The company also provides removal and recycling of packaging; collection and recycling of old appliances; and extended warranties and installation services. It sells its products through online platform. The company was formerly known as Marks Electrical Holding Limited and changed its name to Marks Electrical Group PLC in October 2021. Marks Electrical Group PLC was founded in 1987 and is headquartered in Leicester, United Kingdom.
Recommended Stories
- Five stocks we like better than Marks Electrical Group
- Nvidia CEO Issues Bold Tesla Call
- Your Bank Account Is No Longer Safe
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- New gold price target
Receive News & Ratings for Marks Electrical Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marks Electrical Group and related companies with MarketBeat.com's FREE daily email newsletter.
