Marks and Spencer Group plc (LON:MKS) Receives GBX 327 Consensus PT from Analysts

Shares of Marks and Spencer Group plc (LON:MKS) have earned an average rating of “Buy” from the five brokerages that are covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 327 ($4.12).

Separately, Shore Capital restated a “house stock” rating on shares of Marks and Spencer Group in a research report on Wednesday.

Marks and Spencer Group Stock Up 0.3 %

Shares of LON:MKS opened at GBX 368.56 ($4.64) on Wednesday. The stock has a market cap of £7.44 billion, a P/E ratio of 1,755.06, a P/E/G ratio of 0.20 and a beta of 1.62. The firm has a fifty day moving average price of GBX 371.84 and a 200 day moving average price of GBX 325.15. The company has a debt-to-equity ratio of 110.71, a current ratio of 0.86 and a quick ratio of 0.42. Marks and Spencer Group has a 1-year low of GBX 229.60 ($2.89) and a 1-year high of GBX 415.30 ($5.23).

Marks and Spencer Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, November 28th will be given a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 0.26%. Marks and Spencer Group’s payout ratio is currently 1,428.57%.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through: UK Clothing & Home, UK Food, International, Ocado, and All Other segments. 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.