Marks and Spencer Group plc (LON:MKS) Given Consensus Rating of “Buy” by Analysts

Shares of Marks and Spencer Group plc (LON:MKS) have been assigned a consensus rating of “Buy” from the five analysts that are currently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a buy recommendation. The average 1 year target price among brokers that have covered the stock in the last year is GBX 327 ($4.09).

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Marks and Spencer Group in a research note on Wednesday, December 11th.

Marks and Spencer Group Price Performance

MKS opened at GBX 382.80 ($4.79) on Thursday. The company has a market capitalization of £7.73 billion, a price-to-earnings ratio of 1,822.86, a PEG ratio of 0.20 and a beta of 1.62. The company has a quick ratio of 0.42, a current ratio of 0.86 and a debt-to-equity ratio of 110.71. The firm has a 50-day moving average price of GBX 382.15 and a 200-day moving average price of GBX 351.21. Marks and Spencer Group has a twelve month low of GBX 229.60 ($2.87) and a twelve month high of GBX 415.30 ($5.20).

Marks and Spencer Group Cuts Dividend

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

About Marks and Spencer Group

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.