Marks and Spencer Group Plc (NASDAQ:MAKSY) Receives Average Recommendation of “Hold” from Analysts
Shares of Marks and Spencer Group Plc (NASDAQ:MAKSY) have been given a consensus rating of “Hold” by the eight ratings firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $11.00.
Separately, Zacks Investment Research downgraded Marks and Spencer Group Plc from a “buy” rating to a “hold” rating and set a $11.00 price target on the stock. in a research note on Tuesday, June 6th.
Shares of Marks and Spencer Group Plc (NASDAQ MAKSY) traded down 0.35% during trading on Friday, hitting $8.52. The company had a trading volume of 20,728 shares. The firm has a 50 day moving average of $8.63 and a 200 day moving average of $8.84. The stock has a market cap of $6.91 billion and a PE ratio of 44.84. Marks and Spencer Group Plc has a 12-month low of $7.72 and a 12-month high of $10.39.
The business also recently declared a None dividend, which was paid on Friday, July 21st. Stockholders of record on Monday, June 5th were paid a $0.296 dividend. The ex-dividend date of this dividend was Thursday, June 1st.
Marks and Spencer Group Plc Company Profile
Marks and Spencer Group plc (M&S) is a retailer in the United Kingdom, with over 1,380 stores around the world. The Company is the holding company of the Marks & Spencer Group of companies. The Company operates through two segments: UK and International. The UK segment consists of the United Kingdom retail business and the United Kingdom franchise operations.
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