Free Trial

Marks and Spencer Group (LON:MKS) Shares Cross Above 200-Day Moving Average - Here's What Happened

Marks and Spencer Group logo with Consumer Cyclical background

Marks and Spencer Group plc (LON:MKS - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 311.53 ($4.04) and traded as high as GBX 384.40 ($4.99). Marks and Spencer Group shares last traded at GBX 380.30 ($4.94), with a volume of 3,906,292 shares.

Analysts Set New Price Targets

Several analysts have recently commented on MKS shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 350 ($4.54) price target on shares of Marks and Spencer Group in a research report on Friday, June 28th. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Marks and Spencer Group in a research note on Friday, June 28th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of GBX 327 ($4.25).

Check Out Our Latest Report on MKS

Marks and Spencer Group Stock Down 0.2 %

The company has a quick ratio of 0.42, a current ratio of 0.86 and a debt-to-equity ratio of 110.71. The firm has a market cap of £7.67 billion, a PE ratio of 1,809.34, a P/E/G ratio of 0.20 and a beta of 1.62. The firm's 50 day moving average is GBX 355.52 and its 200-day moving average is GBX 311.53.

Marks and Spencer Group Company Profile

(Get Free Report)

Marks and Spencer Group plc operates various retail stores. It operates through: UK Clothing & Home, UK Food, International, Ocado, and All Other segments. 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.

Recommended Stories

Should you invest $1,000 in Marks and Spencer Group right now?

Before you consider Marks and Spencer Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Marks and Spencer Group wasn't on the list.

While Marks and Spencer Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Unlock the Potential in Options Trading Cover

Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines