Insider Buying: Marks and Spencer Group plc (LON:MKS) Insider Purchases 57 Shares of Stock

Marks and Spencer Group plc (LON:MKS - Get Free Report) insider Katie Bickerstaffe acquired 57 shares of the firm's stock in a transaction that occurred on Monday, April 29th. The shares were bought at an average cost of GBX 265 ($3.33) per share, for a total transaction of £151.05 ($189.74).

Katie Bickerstaffe also recently made the following trade(s):

• On Tuesday, February 27th, Katie Bickerstaffe purchased 62 shares of Marks and Spencer Group stock. The stock was acquired at an average cost of GBX 242 ($3.04) per share, for a total transaction of £150.04 ($188.47).

Marks and Spencer Group Stock Performance

Shares of MKS traded down GBX 3.90 ($0.05) during mid-day trading on Tuesday, hitting GBX 255.80 ($3.21). The stock had a trading volume of 6,049,159 shares, compared to its average volume of 8,882,455. The company has a market cap of £5.19 billion, a PE ratio of 1,279.00, a PEG ratio of 3.10 and a beta of 1.57. The company's fifty day simple moving average is GBX 250.72 and its two-hundred day simple moving average is GBX 249.84. The company has a quick ratio of 0.42, a current ratio of 0.80 and a debt-to-equity ratio of 115.61. Marks and Spencer Group plc has a fifty-two week low of GBX 157.20 ($1.97) and a fifty-two week high of GBX 293.20 ($3.68).

Analyst Upgrades and Downgrades

MKS has been the topic of several research analyst reports. Shore Capital reaffirmed a "house stock" rating on shares of Marks and Spencer Group in a research note on Thursday, April 11th. Barclays restated an "overweight" rating and set a GBX 300 ($3.77) price objective on shares of Marks and Spencer Group in a report on Tuesday, February 6th. Jefferies Financial Group upgraded Marks and Spencer Group to a "buy" rating and set a GBX 310 ($3.89) price objective on the stock in a report on Monday, April 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on Marks and Spencer Group from GBX 260 ($3.27) to GBX 330 ($4.15) and gave the stock an "overweight" rating in a report on Thursday, April 11th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of GBX 290.83 ($3.65).

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.