Marks and Spencer Group’s (MKS) “Buy” Rating Reiterated at UBS Group

Marks and Spencer Group (LON:MKS)‘s stock had its “buy” rating reaffirmed by research analysts at UBS Group in a research note issued to investors on Monday,Digital Look reports. They presently have a GBX 425 price target on the retailer’s stock. UBS Group’s target price indicates a potential upside of 32.21% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. Shore Capital Group restated a “house stock” rating on shares of Marks and Spencer Group in a report on Monday, May 11th. Citigroup lowered their price objective on Marks and Spencer Group to GBX 430 and set a “buy” rating for the company in a research report on Thursday, March 19th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 440 target price on shares of Marks and Spencer Group in a research note on Tuesday, March 10th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Marks and Spencer Group presently has an average rating of “Moderate Buy” and an average price target of GBX 415.

Marks and Spencer Group Stock Up 0.4%

Marks and Spencer Group stock opened at GBX 321.46 on Monday. The firm has a market capitalization of £6.51 billion, a P/E ratio of 357.18, a P/E/G ratio of 0.20 and a beta of 1.02. The company has a current ratio of 0.81, a quick ratio of 0.42 and a debt-to-equity ratio of 121.22. Marks and Spencer Group has a twelve month low of GBX 301.10 and a twelve month high of GBX 411.80. The stock’s fifty day simple moving average is GBX 344.64 and its 200-day simple moving average is GBX 354.09.

Insider Transactions at Marks and Spencer Group

In other Marks and Spencer Group news, insider Stuart Machin sold 150,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of GBX 404, for a total transaction of £606,000. 0.50% of the stock is owned by company insiders.

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.