Liberum Capital reissued their sell rating on shares of Marks and Spencer Group (LON:MKS) in a report published on Thursday. Liberum Capital currently has a GBX 250 ($3.39) price objective on the retailer’s stock.

A number of other equities analysts have also recently issued reports on the stock. JPMorgan Chase & Co. reaffirmed an underweight rating and issued a GBX 285 ($3.86) price objective on shares of Marks and Spencer Group in a research note on Tuesday, October 31st. Barclays reaffirmed an overweight rating and issued a GBX 370 ($5.02) price objective on shares of Marks and Spencer Group in a research note on Thursday, November 9th. Deutsche Bank reaffirmed a hold rating and issued a GBX 335 ($4.54) price objective on shares of Marks and Spencer Group in a research note on Wednesday, November 15th. Peel Hunt reaffirmed a buy rating and issued a GBX 450 ($6.10) price objective on shares of Marks and Spencer Group in a research note on Wednesday, November 8th. Finally, Jefferies Group reaffirmed a buy rating and issued a GBX 370 ($5.02) price objective on shares of Marks and Spencer Group in a research note on Thursday, December 14th. Nine equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. Marks and Spencer Group currently has an average rating of Hold and a consensus price target of GBX 339.33 ($4.60).

Shares of Marks and Spencer Group (LON:MKS) traded up GBX 8 ($0.11) during mid-day trading on Thursday, reaching GBX 309.20 ($4.19). 20,047,992 shares of the company’s stock were exchanged, compared to its average volume of 8,350,000. Marks and Spencer Group has a 1 year low of GBX 296.30 ($4.02) and a 1 year high of GBX 397.80 ($5.39). The company has a market capitalization of $5,020.00 and a PE ratio of 2,810.91.

Marks and Spencer Group (LON:MKS) last announced its quarterly earnings data on Wednesday, November 8th. The retailer reported GBX 10.70 ($0.15) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of GBX 9.60 ($0.13) by GBX 1.10 ($0.01). Marks and Spencer Group had a net margin of 1.65% and a return on equity of 5.62%. The firm had revenue of GBX 512.56 billion for the quarter.

The company also recently declared a dividend, which was paid on Friday, January 12th. Stockholders of record on Thursday, November 16th were given a dividend of GBX 6.80 ($0.09) per share. The ex-dividend date of this dividend was Thursday, November 16th. This represents a dividend yield of 2.13%.

In other news, insider Archie Norman purchased 33,000 shares of Marks and Spencer Group stock in a transaction dated Wednesday, November 22nd. The shares were bought at an average cost of GBX 300 ($4.07) per share, with a total value of £99,000 ($134,255.49).

COPYRIGHT VIOLATION WARNING: “Marks and Spencer Group (MKS) Receives “Sell” Rating from Liberum Capital” was first published by Daily Political and is owned by of Daily Political. If you are reading this story on another site, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The legal version of this story can be viewed at https://www.dailypolitical.com/2018/01/14/marks-and-spencer-group-mks-receives-sell-rating-from-liberum-capital.html.

About Marks and Spencer Group

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.

Analyst Recommendations for Marks and Spencer Group (LON:MKS)

Receive News & Ratings for Marks and Spencer Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marks and Spencer Group and related companies with MarketBeat.com's FREE daily email newsletter.