Marks and Spencer Group (OTCMKTS:MAKSY) Rating Lowered to Hold at Royal Bank Of Canada

Key Points

• Royal Bank Of Canada has downgraded Marks and Spencer Group's stock rating from "moderate buy" to "hold."
• In contrast, Citigroup has upgraded Marks and Spencer Group from "hold" to "strong-buy," indicating mixed analyst sentiments.
• The stock is currently trading at $10.72, with a fifty-two week range between $7.99 and $11.51 as its highs and lows.

Marks and Spencer Group (OTCMKTS:MAKSY - Get Free Report) was downgraded by analysts at Royal Bank Of Canada from a "moderate buy" rating to a "hold" rating in a note issued to investors on Monday,Zacks.com reports.

Separately, Citigroup upgraded shares of Marks and Spencer Group from a "hold" rating to a "strong-buy" rating in a report on Monday, September 8th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

Marks and Spencer Group Stock Performance

OTCMKTS:MAKSY opened at $10.72 on Monday. The stock's fifty day moving average is $9.77 and its 200 day moving average is $9.84. Marks and Spencer Group has a fifty-two week low of $7.99 and a fifty-two week high of $11.51. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.56 and a current ratio of 0.87.

Marks and Spencer Group Company Profile

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.

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