Marks and Spencer Group (LON:MKS) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Marks and Spencer Group (LON:MKS) to a buy rating in a research report released on Monday, Marketbeat.com reports. Jefferies Financial Group currently has GBX 310 ($3.83) price target on the retailer’s stock.

MKS has been the subject of a number of other research reports. Barclays reiterated an overweight rating and set a GBX 300 ($3.71) target price on shares of Marks and Spencer Group in a research report on Tuesday, February 6th. Shore Capital reaffirmed a house stock rating on shares of Marks and Spencer Group in a research note on Thursday, April 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Marks and Spencer Group from GBX 260 ($3.21) to GBX 330 ($4.08) and gave the stock an overweight rating in a research note on Thursday, April 11th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of Moderate Buy and an average target price of GBX 290.83 ($3.59).

Marks and Spencer Group Trading Up 1.1 %

Shares of Marks and Spencer Group stock opened at GBX 260.70 ($3.22) on Monday. The stock has a market capitalization of £5.29 billion, a P/E ratio of 1,302.50, a price-to-earnings-growth ratio of 3.10 and a beta of 1.57. The company has a quick ratio of 0.42, a current ratio of 0.80 and a debt-to-equity ratio of 115.61. The company has a 50-day simple moving average of GBX 249.23 and a 200 day simple moving average of GBX 248.83. Marks and Spencer Group has a 12-month low of GBX 157.20 ($1.94) and a 12-month high of GBX 293.20 ($3.62).

About Marks and Spencer Group

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.