Marks and Spencer Group plc (LON:MKS) Receives GBX 327 Consensus Price Target from Brokerages

Shares of Marks and Spencer Group plc (LON:MKSGet Free Report) have been assigned a consensus recommendation of “Buy” from the five analysts that are presently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a buy recommendation. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 327 ($4.07).

Separately, Shore Capital reissued a “house stock” rating on shares of Marks and Spencer Group in a report on Wednesday, December 11th.

View Our Latest Research Report on MKS

Marks and Spencer Group Stock Up 1.1 %

Shares of LON:MKS opened at GBX 330.64 ($4.12) on Monday. The stock has a market capitalization of £6.68 billion, a price-to-earnings ratio of 1,574.48, a PEG ratio of 0.20 and a beta of 1.62. The stock has a fifty day simple moving average of GBX 369.06 and a two-hundred day simple moving average of GBX 356.55. Marks and Spencer Group has a 12-month low of GBX 229.60 ($2.86) and a 12-month high of GBX 415.30 ($5.17). The company has a current ratio of 0.86, a quick ratio of 0.42 and a debt-to-equity ratio of 110.71.

Marks and Spencer Group (LON:MKSGet Free Report) last issued its earnings results on Wednesday, November 6th. The retailer reported GBX 14.70 ($0.18) earnings per share for the quarter. Marks and Spencer Group had a return on equity of 15.43% and a net margin of 3.31%. On average, research analysts anticipate that Marks and Spencer Group will post 26.0113154 earnings per share for the current fiscal year.

Marks and Spencer Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 10th. Investors of record on Thursday, November 28th were paid a GBX 1 ($0.01) dividend. This represents a yield of 0.26%. The ex-dividend date was Thursday, November 28th. Marks and Spencer Group’s dividend payout ratio is presently 1,428.57%.

About Marks and Spencer Group

(Get Free Report

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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Analyst Recommendations for Marks and Spencer Group (LON:MKS)

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