Shares of Marks and Spencer Group plc (LON:MKS - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 363.15 ($4.69) and traded as high as GBX 369.90 ($4.78). Marks and Spencer Group shares last traded at GBX 367.80 ($4.75), with a volume of 869,145,813 shares changing hands.
Separately, Shore Capital reaffirmed a "house stock" rating on shares of Marks and Spencer Group in a report on Wednesday, December 11th. Four investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of GBX 333.75 ($4.31).
Get Our Latest Stock Analysis on Marks and Spencer Group
The company has a current ratio of 0.82, a quick ratio of 0.42 and a debt-to-equity ratio of 95.00. The firm has a market cap of £7.38 billion, a PE ratio of 14.62, a price-to-earnings-growth ratio of 0.20 and a beta of 1.62. The stock has a fifty day simple moving average of GBX 351.89 and a two-hundred day simple moving average of GBX 363.15.
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Marks and Spencer Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Marks and Spencer Group wasn't on the list.
While Marks and Spencer Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.