Marks and Spencer Group (LON:MKS) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Marks and Spencer Group (LON:MKS) to a buy rating in a report issued on Monday, MarketBeat.com reports. The firm currently has GBX 310 ($3.83) price target on the retailer’s stock.

Other equities analysts have also issued research reports about the stock. Shore Capital reissued a house stock rating on shares of Marks and Spencer Group in a report on Thursday, April 11th. JPMorgan Chase & Co. increased their target price on shares of Marks and Spencer Group from GBX 260 ($3.21) to GBX 330 ($4.08) and gave the company an overweight rating in a report on Thursday, April 11th. Finally, Barclays reissued an overweight rating and issued a GBX 300 ($3.71) price target on shares of Marks and Spencer Group in a report on Tuesday, February 6th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Marks and Spencer Group has a consensus rating of Moderate Buy and an average price target of GBX 290.83 ($3.59).

Marks and Spencer Group Stock Performance

LON MKS opened at GBX 260.70 ($3.22) on Monday. Marks and Spencer Group has a 1 year low of GBX 157.20 ($1.94) and a 1 year high of GBX 293.20 ($3.62). The company has a debt-to-equity ratio of 115.61, a current ratio of 0.80 and a quick ratio of 0.42. The stock has a market capitalization of £5.29 billion, a PE ratio of 1,302.50, a P/E/G ratio of 3.10 and a beta of 1.57. The company’s 50 day simple moving average is GBX 249.23 and its two-hundred day simple moving average is GBX 248.83.

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.