Marks and Spencer Group (OTCMKTS:MAKSY) Earns Overweight Rating from Analysts at Morgan Stanley

Equities researchers at Morgan Stanley started coverage on shares of Marks and Spencer Group (OTCMKTS:MAKSY) in a report released on Monday. The firm set an “overweight” rating on the stock.

Separately, Sanford C. Bernstein raised Marks and Spencer Group to a “strong-buy” rating in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Marks and Spencer Group currently has an average rating of “Buy”.

Marks and Spencer Group Price Performance

Shares of OTCMKTS:MAKSY opened at $8.52 on Monday. Marks and Spencer Group has a one year low of $8.19 and a one year high of $11.32. The company has a 50-day simple moving average of $9.30 and a 200-day simple moving average of $9.56. The company has a quick ratio of 0.46, a current ratio of 0.81 and a debt-to-equity ratio of 1.01.

About Marks and Spencer Group

Marks and Spencer Group plc (OTCMKTS: MAKSY), commonly known as M&S, is a leading British retailer operating a network of full-line stores, food halls and online channels. The company’s retail portfolio spans clothing and home products as well as premium grocery offerings. M&S is recognized for its emphasis on quality, innovation and ethical sourcing across its range of private-label apparel, homeware and prepared foods.

In the apparel and home division, M&S designs and markets women’s, men’s and children’s fashion under core brands such as Autograph, Per Una and Collection, alongside its own bedding, kitchenware and furnishings.