Marks and Spencer Group plc (LON:MKS - Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 387.60 ($5.06) and last traded at GBX 386.80 ($5.05), with a volume of 13119929 shares. The stock had previously closed at GBX 382.60 ($5.00).
Analysts Set New Price Targets
A number of research firms have recently issued reports on MKS. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 350 ($4.57) price target on shares of Marks and Spencer Group in a research report on Friday, June 28th. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Marks and Spencer Group in a research note on Friday, June 28th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of GBX 327 ($4.27).
View Our Latest Research Report on Marks and Spencer Group
Marks and Spencer Group Stock Performance
The company has a debt-to-equity ratio of 110.71, a current ratio of 0.86 and a quick ratio of 0.42. The company has a market cap of £7.81 billion, a price-to-earnings ratio of 1,831.02, a PEG ratio of 0.20 and a beta of 1.62. The firm has a 50 day simple moving average of GBX 348.70 and a 200-day simple moving average of GBX 307.17.
About Marks and Spencer Group
(
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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.
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