Marks and Spencer Group’s (MKS) House Stock Rating Reiterated at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Marks and Spencer Group (LON:MKS) in a report released on Wednesday, MarketBeat reports.

Marks and Spencer Group Price Performance

Marks and Spencer Group stock opened at GBX 375.20 ($5.08) on Wednesday. The company has a debt-to-equity ratio of 95.00, a current ratio of 0.82 and a quick ratio of 0.42. The company has a market capitalization of £7.53 billion, a PE ratio of 14.92, a price-to-earnings-growth ratio of 0.20 and a beta of 1.62. Marks and Spencer Group has a one year low of GBX 283.05 ($3.83) and a one year high of GBX 417.80 ($5.66). The business has a 50 day simple moving average of GBX 369.17 and a 200 day simple moving average of GBX 365.46.

Marks and Spencer Group (LON:MKS) last posted its earnings results on Wednesday, May 21st. The retailer reported GBX 31.90 ($0.43) EPS 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 forecast that Marks and Spencer Group will post 26.0113154 EPS for the current fiscal year.

Marks and Spencer Group Company Profile

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.