Key Points
- Insider purchase: Sean Doyle bought 2,526 shares of Marks & Spencer on December 3 at an average price of GBX 334 per share, a total cost of £8,436.84.
- The stock opened at GBX 332.50 (down 2.2%), trading below its 50-day and 200-day moving averages (GBX 373.43 and GBX 360.03) with a 1-year range of GBX 319.20–417.80.
- Analyst sentiment is a Moderate Buy (four Buys, three Holds) with an average target of GBX 415.33; fundamentals include a market cap of £6.7bn, P/E 23.75, PEG 0.20, and last quarter EPS of GBX 6.60.
Marks and Spencer Group plc (LON:MKS - Get Free Report) insider Sean Doyle purchased 2,526 shares of the company's stock in a transaction that occurred on Wednesday, December 3rd. The shares were purchased at an average price of GBX 334 per share, for a total transaction of £8,436.84.
Marks and Spencer Group Stock Down 2.2%
Marks and Spencer Group stock opened at GBX 332.50 on Thursday. The stock's 50 day moving average price is GBX 373.43 and its 200 day moving average price is GBX 360.03. Marks and Spencer Group plc has a 1-year low of GBX 319.20 and a 1-year high of GBX 417.80. The company has a market cap of £6.70 billion, a PE ratio of 23.75, a price-to-earnings-growth ratio of 0.20 and a beta of 1.62. The company has a debt-to-equity ratio of 95.00, a current ratio of 0.82 and a quick ratio of 0.42.
Marks and Spencer Group (LON:MKS - Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The retailer reported GBX 6.60 earnings per share for the quarter. Marks and Spencer Group had a return on equity of 17.23% and a net margin of 3.77%. On average, sell-side analysts predict that Marks and Spencer Group plc will post 26.0113154 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research analysts have commented on the company. Deutsche Bank Aktiengesellschaft reduced their price objective on Marks and Spencer Group from GBX 450 to GBX 435 and set a "buy" rating on the stock in a research note on Tuesday, August 26th. Shore Capital reissued a "house stock" rating on shares of Marks and Spencer Group in a research report on Wednesday, November 5th. Citigroup increased their price objective on shares of Marks and Spencer Group from GBX 440 to GBX 450 and gave the company a "buy" rating in a research report on Monday, November 10th. Berenberg Bank boosted their target price on shares of Marks and Spencer Group from GBX 406 to GBX 412 and gave the stock a "hold" rating in a research report on Thursday, November 6th. Finally, JPMorgan Chase & Co. restated an "overweight" rating on shares of Marks and Spencer Group in a research note on Thursday, November 6th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Marks and Spencer Group presently has a consensus rating of "Moderate Buy" and an average target price of GBX 415.33.
Get Our Latest Analysis on MKS
Marks and Spencer Group Company Profile
(
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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