Katie Bickerstaffe Acquires 57 Shares of Marks and Spencer Group plc (LON:MKS) Stock

Marks and Spencer Group plc (LON:MKS) insider Katie Bickerstaffe purchased 57 shares of Marks and Spencer Group stock in a transaction dated Monday, April 29th. The shares were purchased at an average price of GBX 265 ($3.33) per share, for a total transaction of £151.05 ($189.74).

Katie Bickerstaffe also recently made the following trade(s):

• On Tuesday, February 27th, Katie Bickerstaffe acquired 62 shares of Marks and Spencer Group stock. The stock was purchased at an average cost of GBX 242 ($3.04) per share, with a total value of £150.04 ($188.47).

Marks and Spencer Group Stock Down 1.5 %

Shares of LON MKS traded down GBX 3.90 ($0.05) during trading on Tuesday, hitting GBX 255.80 ($3.21). The stock had a trading volume of 8,683,873 shares, compared to its average volume of 8,882,455. The firm has a fifty day moving average of GBX 250.72 and a two-hundred day moving average of GBX 249.84. The company has a market capitalization of £5.19 billion, a PE ratio of 1,291.50, a PEG ratio of 3.10 and a beta of 1.57. The company has a debt-to-equity ratio of 115.61, a current ratio of 0.80 and a quick ratio of 0.42. Marks and Spencer Group plc has a 12 month low of GBX 157.20 ($1.97) and a 12 month high of GBX 293.20 ($3.68).

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Shore Capital reaffirmed a “house stock” rating on shares of Marks and Spencer Group in a research report on Thursday, April 11th. JPMorgan Chase & Co. upped their price objective on shares of Marks and Spencer Group from GBX 260 ($3.27) to GBX 330 ($4.15) and gave the stock an “overweight” rating in a report on Thursday, April 11th. Barclays reiterated an “overweight” rating and set a GBX 300 ($3.77) price objective on shares of Marks and Spencer Group in a report on Tuesday, February 6th. Finally, Jefferies Financial Group upgraded shares of Marks and Spencer Group to a “buy” rating and set a GBX 310 ($3.89) target price on the stock in a report on Monday, April 22nd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 290.83 ($3.65).

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.