Zacks Investment Research upgraded Marks and Spencer Group Plc (ADR) (NASDAQ:MAKSY) to Hold in a report released today.
- Updated: September 22, 2016
Zacks Investment Research has upgraded Marks and Spencer Group Plc (ADR) (NASDAQ:MAKSY) to Hold in a report released on 09/22/2016.
Yesterday Marks and Spencer Group Plc (ADR) (NASDAQ:MAKSY) traded 2.26% higher at $8.39. The company’s 50-day moving average is $8.79 and its 200-day moving average is $10.41. The last closing price is down -19.41% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 142,297 shares of the stock traded hands, down from an average trading volume of 483,266
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Marks and Spencer Group Plc (ADR) has a 52 week low of $7.35 and a 52 week high of $16.55 with a P/E ratio of 12.86 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 1 broker has issued a research note on the company. The average stock price target is $12.79 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Marks and Spencer Group Plc (ADR) (NASDAQ:MAKSY)
Marks and Spencer Group plc (M&S) is a retailer in the United Kingdom, with over 1,380 stores around the world. The Company is the holding company of the Marks & Spencer Group of companies. The Company operates through two segments: UK and International. The UK segment consists of the United Kingdom retail business and the United Kingdom franchise operations. The International segment consists of Marks & Spencer owned businesses in the Republic of Ireland, Europe and Asia, together with international franchise operations. The Company is engaged in delivering own brand food, clothing and home products in its stores and online both in the United Kingdom and internationally. The Company sells womenswear, lingerie, menswear, kidswear, beauty and home products, serving customers through approximately 300 full-line stores and Website, M&S.com. It has approximately 910 United Kingdom stores, including over 220 owned and approximately 350 franchise Simply Food stores.
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