Insider Buying: Marks and Spencer Group (LON:MKS) Insider Purchases 2,526 Shares of Stock

Key Points

• Insider purchase: Sean Doyle bought 2,526 shares of Marks & Spencer at an average price of GBX 334 per share on Dec. 3, a transaction totalling £8,436.84.
• Share movement and fundamentals: Shares traded down ~2.2% to GBX 332.50 on above-average volume; the company has a market cap of £6.7bn, a P/E of 23.75 and a 52‑week range of GBX 319.20–417.80.
• Analyst sentiment: The stock has an average rating of "Moderate Buy" with an average target of GBX 415.33, and several brokers have recently raised targets or reiterated buy ratings (e.g., UBS, Citi).

Marks and Spencer Group plc (LON:MKS - Get Free Report) insider Sean Doyle bought 2,526 shares of Marks and Spencer Group stock in a transaction dated Wednesday, December 3rd. The shares were bought at an average cost of GBX 334 per share, for a total transaction of £8,436.84.

Marks and Spencer Group Trading Down 2.2%

Shares of LON MKS traded down GBX 7.60 during trading hours on Wednesday, reaching GBX 332.50. The stock had a trading volume of 19,004,805 shares, compared to its average volume of 17,661,018. The business's fifty day moving average price is GBX 373.96 and its two-hundred day moving average price is GBX 360.23. The firm has a market cap of £6.70 billion, a price-to-earnings ratio of 23.75, a P/E/G ratio of 0.20 and a beta of 1.62. Marks and Spencer Group plc has a 52-week low of GBX 319.20 and a 52-week high of GBX 417.80. The company has a current ratio of 0.82, a quick ratio of 0.42 and a debt-to-equity ratio of 95.00.

Marks and Spencer Group (LON:MKS - Get Free Report) last issued its earnings results on Wednesday, November 5th. The retailer reported GBX 6.60 earnings per share for the quarter. Marks and Spencer Group had a return on equity of 17.23% and a net margin of 3.77%. Analysts expect that Marks and Spencer Group plc will post 26.0113154 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on MKS shares. Royal Bank Of Canada cut shares of Marks and Spencer Group to a "sector perform" rating and increased their target price for the stock from GBX 375 to GBX 400 in a report on Monday, October 20th. UBS Group reiterated a "buy" rating and set a GBX 435 price objective on shares of Marks and Spencer Group in a research note on Friday, November 7th. Berenberg Bank boosted their price objective on shares of Marks and Spencer Group from GBX 406 to GBX 412 and gave the stock a "hold" rating in a research note on Thursday, November 6th. Shore Capital reaffirmed a "house stock" rating on shares of Marks and Spencer Group in a research report on Wednesday, November 5th. Finally, Citigroup boosted their price target on Marks and Spencer Group from GBX 440 to GBX 450 and gave the stock a "buy" rating in a research report on Monday, November 10th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of GBX 415.33.

About Marks and Spencer Group

M&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.

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