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Marks and Spencer Group (LON:MKS) Stock Crosses Above 200 Day Moving Average of $298.68

Marks and Spencer Group logo with Consumer Cyclical background

Shares of Marks and Spencer Group plc (LON:MKS - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 298.68 ($4.00) and traded as high as GBX 377.91 ($5.06). Marks and Spencer Group shares last traded at GBX 372.60 ($4.98), with a volume of 6,347,679 shares traded.

Wall Street Analyst Weigh In

MKS has been the topic of several recent analyst reports. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Marks and Spencer Group in a report on Friday, June 28th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 350 ($4.68) target price on shares of Marks and Spencer Group in a research report on Friday, June 28th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of GBX 327 ($4.37).

Check Out Our Latest Stock Report on MKS

Marks and Spencer Group Stock Up 1.2 %

The business's fifty day moving average price is GBX 339.81 and its 200 day moving average price is GBX 298.68. The firm has a market capitalization of £7.62 billion, a price-to-earnings ratio of 1,786.19, a PEG ratio of 0.20 and a beta of 1.62. The company has a current ratio of 0.86, a quick ratio of 0.42 and a debt-to-equity ratio of 110.71.

About Marks and Spencer Group

(Get Free Report)

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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