Marks and Spencer Group (LON:MKS) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Marks and Spencer Group (LON:MKS) to a buy rating in a research report report published on Monday morning, MarketBeat Ratings reports. They currently have GBX 310 ($3.83) price objective on the retailer’s stock.

Other analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. upped their price objective on shares of Marks and Spencer Group from GBX 260 ($3.21) to GBX 330 ($4.08) and gave the company an overweight rating in a research note on Thursday, April 11th. Barclays reissued an overweight rating and issued a GBX 300 ($3.71) price target on shares of Marks and Spencer Group in a research note on Tuesday, February 6th. Finally, Shore Capital reissued a house stock rating on shares of Marks and Spencer Group in a research note on Thursday, April 11th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Marks and Spencer Group currently has an average rating of Moderate Buy and a consensus price target of GBX 290.83 ($3.59).

Marks and Spencer Group Stock Down 1.9 %

Shares of LON MKS opened at GBX 257.80 ($3.18) on Monday. Marks and Spencer Group has a 12-month low of GBX 157.20 ($1.94) and a 12-month high of GBX 293.20 ($3.62). The stock has a market cap of £5.23 billion, a PE ratio of 1,289.00, a P/E/G ratio of 3.10 and a beta of 1.57. The company has a current ratio of 0.80, a quick ratio of 0.42 and a debt-to-equity ratio of 115.61. The company has a 50-day moving average of GBX 248.77 and a 200 day moving average of GBX 248.77.

Marks and Spencer Group Company Profile

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.