Marks and Spencer Group’s (MKS) Buy Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Marks and Spencer Group (LON:MKS)‘s stock had its “buy” rating restated by analysts at Deutsche Bank Aktiengesellschaft in a report issued on Friday, Marketbeat.com reports. They presently have a GBX 350 ($4.44) target price on the retailer’s stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 22.16% from the stock’s current price.

Other research analysts also recently issued research reports about the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 360 ($4.57) target price on shares of Marks and Spencer Group in a report on Thursday, May 23rd. Shore Capital restated a “house stock” rating on shares of Marks and Spencer Group in a research note on Thursday, May 30th. Royal Bank of Canada reiterated an “overweight” rating and set a GBX 315 ($4.00) target price on shares of Marks and Spencer Group in a research note on Wednesday, May 15th. Finally, Jefferies Financial Group upgraded shares of Marks and Spencer Group to a “buy” rating and set a GBX 310 ($3.93) price target on the stock in a research report on Monday, April 22nd. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 322.50 ($4.09).

Marks and Spencer Group Stock Performance

Shares of Marks and Spencer Group stock opened at GBX 286.50 ($3.63) on Friday. The firm has a market cap of £5.87 billion, a PE ratio of 1,364.29, a price-to-earnings-growth ratio of 0.20 and a beta of 1.58. Marks and Spencer Group has a 1 year low of GBX 183.80 ($2.33) and a 1 year high of GBX 314 ($3.98). The firm’s 50-day simple moving average is GBX 284.68 and its 200-day simple moving average is GBX 264.96. The company has a debt-to-equity ratio of 115.61, a quick ratio of 0.42 and a current ratio of 0.80.

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.