Marks and Spencer Group plc (LON:MKS) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Marks and Spencer Group plc (LON:MKS) have received an average rating of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 418.57.

Several analysts have recently commented on the stock. Citigroup decreased their price objective on shares of Marks and Spencer Group from GBX 410 to GBX 390 and set a “buy” rating on the stock in a research report on Friday, May 22nd. Jefferies Financial Group reissued a “buy” rating and set a GBX 440 price target on shares of Marks and Spencer Group in a report on Thursday, May 21st. UBS Group reissued a “buy” rating and set a GBX 425 price target on shares of Marks and Spencer Group in a report on Monday, May 18th. Berenberg Bank raised their price target on Marks and Spencer Group from GBX 415 to GBX 480 and gave the company a “buy” rating in a report on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 435 target price on shares of Marks and Spencer Group in a research note on Thursday, May 21st.

Marks and Spencer Group Price Performance

LON MKS opened at GBX 365.60 on Friday. Marks and Spencer Group has a 12 month low of GBX 301.10 and a 12 month high of GBX 411.80. The stock has a market cap of £7.51 billion, a price-to-earnings ratio of 29.72, a PEG ratio of 0.20 and a beta of 1.03. The company’s 50 day moving average is GBX 347.16 and its two-hundred day moving average is GBX 351.64. The company has a current ratio of 0.86, a quick ratio of 0.42 and a debt-to-equity ratio of 111.89.

Marks and Spencer Group (LON:MKS) last released its earnings results on Wednesday, May 20th. The retailer reported GBX 23.80 EPS for the quarter. The company had revenue of GBX 1,727.36 billion for the quarter. Marks and Spencer Group had a net margin of 1.50% and a return on equity of 8.86%. As a group, research analysts anticipate that Marks and Spencer Group will post 26.0113154 earnings per share for the current year.

Insider Transactions at Marks and Spencer Group

In related news, insider Alison Dolan sold 85,000 shares of Marks and Spencer Group stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of GBX 359, for a total transaction of £305,150. Company insiders own 0.49% of the company’s stock.

Marks and Spencer Group Company Profile

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.