Marks and Spencer Group (LON:MKS) Earns “House Stock” Rating from Shore Capital Group

Marks and Spencer Group (LON:MKS)‘s stock had its “house stock” rating reissued by Shore Capital Group in a report released on Wednesday,London Stock Exchange reports.

MKS has been the topic of several other reports. Jefferies Financial Group reissued a “buy” rating and set a GBX 440 price objective on shares of Marks and Spencer Group in a report on Tuesday, March 10th. UBS Group restated a “buy” rating and set a GBX 425 target price on shares of Marks and Spencer Group in a report on Monday. Finally, Citigroup cut their price target on Marks and Spencer Group to GBX 430 and set a “buy” rating on the stock in a report on Thursday, March 19th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 415.

Marks and Spencer Group Stock Up 4.7%

LON:MKS opened at GBX 342.10 on Wednesday. The company has a debt-to-equity ratio of 121.22, a current ratio of 0.81 and a quick ratio of 0.42. Marks and Spencer Group has a 1-year low of GBX 301.10 and a 1-year high of GBX 411.80. The company has a 50-day moving average of GBX 342.90 and a 200 day moving average of GBX 352.97. The firm has a market cap of £6.93 billion, a PE ratio of 380.11, a price-to-earnings-growth ratio of 0.20 and a beta of 1.02.

Marks and Spencer Group (LON:MKS) last posted its quarterly earnings results on Wednesday, May 20th. The retailer reported GBX 23.80 EPS for the quarter. Marks and Spencer Group had a net margin of 0.13% and a return on equity of 0.69%. The business had revenue of GBX 1,727.36 billion during the quarter. As a group, research analysts anticipate that Marks and Spencer Group will post 26.0113154 EPS for the current fiscal year.

About Marks and Spencer Group

M&S has a heritage of quality, innovation and value for money and has been voted the UK’s most trusted brand. From these foundations, M&S is reshaping for sustainable profitable growth and value creation.

We operate as a family of businesses, selling high-quality, great-value, own-brand products and services, alongside a carefully selected range of third-party brands. We do this through a network of stores and websites globally, and together, across our stores, support centres, warehouses and supply chain, our 65,000 colleagues serve over 30 million customers each year.