Barclays Raises Marks and Spencer Group (OTCMKTS:MAKSY) Price Target to GBX 220

Marks and Spencer Group (OTCMKTS:MAKSY – Get Rating) had its price target upped by investment analysts at Barclays from GBX 200 ($2.49) to GBX 220 ($2.74) in a report issued on Friday, The Fly reports.

MAKSY has been the topic of several other research reports. The Goldman Sachs Group upgraded shares of Marks and Spencer Group from a “sell” rating to a “neutral” rating in a research note on Tuesday, March 21st. Deutsche Bank Aktiengesellschaft raised their target price on shares of Marks and Spencer Group from GBX 210 ($2.61) to GBX 235 ($2.92) in a research note on Thursday. JPMorgan Chase & Co. lifted their price objective on shares of Marks and Spencer Group from GBX 115 ($1.43) to GBX 130 ($1.62) in a research note on Monday, March 27th. Credit Suisse Group lifted their price target on shares of Marks and Spencer Group from GBX 150 ($1.87) to GBX 200 ($2.49) in a research note on Tuesday, March 28th. Finally, Morgan Stanley lifted their price objective on shares of Marks and Spencer Group from GBX 146 ($1.82) to GBX 153 ($1.90) in a report on Monday, April 24th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $186.57.

Marks and Spencer Group Price Performance

MAKSY traded down $0.04 on Friday, hitting $4.52. The company’s stock had a trading volume of 6,909 shares, compared to its average volume of 27,603. The company’s 50 day simple moving average is $4.15 and its 200-day simple moving average is $3.67. The company has a quick ratio of 0.49, a current ratio of 0.88 and a debt-to-equity ratio of 1.16. Marks and Spencer Group has a 12 month low of $2.03 and a 12 month high of $4.68.

About Marks and Spencer Group

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Marks & Spencer Group Plc engages in the retail of clothes, food, and home products. It operates through the following segments: UK Clothing and Home, UK Food, International, Ocado, and All Other. The UK Clothing and Home segment retails womenswear, menswear, lingerie, kidswear and home products. The UK Food segment includes the results of the UK retail food business and UK Food franchise operations.