Shares of Marks and Spencer Group plc (LON:MKS - Get Free Report) have been assigned an average recommendation of "Buy" from the five brokerages that are presently covering the firm, MarketBeat reports. Five research analysts have rated the stock with a buy recommendation. The average 12 month price target among brokers that have covered the stock in the last year is GBX 327 ($4.05).
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Marks and Spencer Group in a research report on Wednesday, December 11th.
Check Out Our Latest Report on Marks and Spencer Group
Marks and Spencer Group Stock Performance
LON:MKS traded up GBX 13.80 ($0.17) during midday trading on Thursday, reaching GBX 389.30 ($4.82). The stock had a trading volume of 3,121,722 shares, compared to its average volume of 13,280,629. The stock has a market capitalization of £7.86 billion, a P/E ratio of 1,853.81, a PEG ratio of 0.20 and a beta of 1.62. Marks and Spencer Group has a 1-year low of GBX 229.60 ($2.84) and a 1-year high of GBX 415.30 ($5.14). 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 firm's fifty day simple moving average is GBX 381.84 and its 200-day simple moving average is GBX 350.03.
Marks and Spencer Group Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, November 28th will be issued a GBX 1 ($0.01) dividend. This represents a yield of 0.26%. The ex-dividend date is Thursday, November 28th. Marks and Spencer Group's dividend payout ratio (DPR) is presently 1,428.57%.
Marks and Spencer Group Company Profile
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Get Free ReportM&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.
Further Reading
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