Marks and Spencer Group - MKS Share Forecast, Price & News

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. The company also provides womenswear, menswear, lingerie, kids wear, and home products; financial services, including credit cards, payment solutions, insurances, savings, and loans; and renewable energy services. In addition, it invests in and develops real estate properties; operates international franchises; and provides its products online. The company also exports its products. It operates 1,487 stores in worldwide. The company was founded in 1884 and is headquartered in London, the United Kingdom.

Marks and Spencer Group Price Performance

MKS Stock opened at GBX 136.15 ($1.67) on Monday. The company has a debt-to-equity ratio of 130.51, a current ratio of 0.92 and a quick ratio of 0.57. The business has a 50 day simple moving average of GBX 140.52 and a 200-day simple moving average of GBX 156.05. The firm has a market capitalization of £2.67 billion and a PE ratio of 907.67. Marks and Spencer Group has a 1 year low of GBX 127 ($1.56) and a 1 year high of GBX 263 ($3.22).

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Barclays reissued an "overweight" rating and issued a GBX 215 ($2.63) price objective on shares of Marks and Spencer Group in a report on Monday, July 25th. JPMorgan Chase & Co. decreased their price objective on Marks and Spencer Group from GBX 180 ($2.21) to GBX 165 ($2.02) and set a "neutral" rating for the company in a report on Tuesday, August 2nd. Berenberg Bank decreased their price objective on Marks and Spencer Group from GBX 215 ($2.63) to GBX 198 ($2.43) and set a "buy" rating for the company in a report on Tuesday, June 7th. Deutsche Bank Aktiengesellschaft decreased their price objective on Marks and Spencer Group from GBX 165 ($2.02) to GBX 155 ($1.90) and set a "hold" rating for the company in a report on Tuesday, July 5th. Finally, Shore Capital reissued a "house stock" rating on shares of Marks and Spencer Group in a report on Wednesday, July 20th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of GBX 200.88 ($2.46).

Insider Activity

In other news, insider Stuart Machin sold 99,121 shares of the company's stock in a transaction that occurred on Wednesday, June 22nd. The stock was sold at an average price of GBX 137 ($1.68), for a total value of £135,795.77 ($166,395.99). In related news, insider Eoin Tonge sold 256,760 shares of the stock in a transaction that occurred on Friday, June 24th. The stock was sold at an average price of GBX 137 ($1.68), for a total value of £351,761.20 ($431,027.08). Also, insider Stuart Machin sold 99,121 shares of the stock in a transaction that occurred on Wednesday, June 22nd. The stock was sold at an average price of GBX 137 ($1.68), for a total value of £135,795.77 ($166,395.99).