Marks and Spencer Group (LON:MKS) Stock Rating Reaffirmed as “Buy” by Jefferies Financial Group

Marks and Spencer Group (LON:MKS)‘s stock had its “buy” rating restated by Jefferies Financial Group in a report released on Thursday, Digital Look reports. They presently have a GBX 500 price target on the retailer’s stock. Jefferies Financial Group‘s target price suggests a potential upside of 15.42% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 435 price objective on shares of Marks and Spencer Group in a research note on Thursday, August 13th. Citigroup raised their target price on shares of Marks and Spencer Group from GBX 390 to GBX 470 and gave the company a “buy” rating in a report on Tuesday, August 25th. JPMorgan Chase & Co. upgraded shares of Marks and Spencer Group to an “overweight” rating and lifted their price target for the stock from GBX 440 to GBX 450 in a research note on Tuesday, July 21st. Shore Capital Group reiterated a “house stock” rating on shares of Marks and Spencer Group in a report on Wednesday. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 480 price objective on shares of Marks and Spencer Group in a research report on Thursday, September 17th. Six investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Marks and Spencer Group presently has an average rating of “Buy” and an average price target of GBX 465.83.

Marks and Spencer Group Stock Down 2.5%

Shares of Marks and Spencer Group stock opened at GBX 433.20 on Thursday. The company has a market capitalization of £8.96 billion, a P/E ratio of 35.22, a price-to-earnings-growth ratio of 0.20 and a beta of 1.00. The company has a debt-to-equity ratio of 11.77, a current ratio of 0.87 and a quick ratio of 0.42. The business has a 50-day moving average of GBX 395.31 and a two-hundred day moving average of GBX 374.79. Marks and Spencer Group has a 1 year low of GBX 301.10 and a 1 year high of GBX 452.80.

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.