Zacks Investment Research upgraded shares of Marks & Spencer (OTCMKTS:MAKSY) from a hold rating to a buy rating in a report released on Wednesday. Zacks Investment Research currently has $8.50 target price on the stock.
According to Zacks, “MARKS & SPENCER is one of the UK’s leading retailers, offering high quality, great value clothing, as well as home products and outstanding quality food. M&S employs over 75,000 people and has over 600 stores in the UK and over 275 stores in 39 territories around the world. “
A number of other brokerages also recently commented on MAKSY. Credit Suisse Group reiterated an underperform rating on shares of Marks & Spencer in a research report on Wednesday, January 24th. ValuEngine downgraded Marks & Spencer from a buy rating to a hold rating in a research report on Monday, April 2nd.
Shares of Marks & Spencer stock opened at $7.51 on Wednesday. Marks & Spencer has a one year low of $7.41 and a one year high of $10.39. The company has a market cap of $6,206.52, a P/E ratio of 9.05, a P/E/G ratio of 0.85 and a beta of 0.91. The company has a current ratio of 0.69, a quick ratio of 0.30 and a debt-to-equity ratio of 0.59.
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About Marks & Spencer
Marks and Spencer Group plc operates various retail stores. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online. The company operates 942 stores, including 253 owned and 383 franchise Simply Food stores; and 343 full-line stores and 41 outlet stores in the United Kingdom.
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