Marks and Spencer Group Plc (MAKSY) Lifted to Hold at Zacks Investment Research

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Marks and Spencer Group Plc (NASDAQ:MAKSY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday.
According to Zacks, “MARKS & SPENCER is one of the UK’s leading retailers, offering high quality, great value clothing, as well as home products and outstanding quality food. M&S employs over 75,000 people and has over 600 stores in the UK and over 275 stores in 39 territories around the world. “
A number of other research analysts have also weighed in on MAKSY. Deutsche Bank AG reaffirmed a “buy” rating on shares of Marks and Spencer Group Plc in a research note on Friday, June 3rd. JPMorgan Chase & Co. lowered shares of Marks and Spencer Group Plc from a “neutral” rating to an “underweight” rating in a research note on Friday, June 3rd. Societe Generale reaffirmed a “hold” rating on shares of Marks and Spencer Group Plc in a research note on Tuesday, June 28th. Shore Capital reaffirmed a “buy” rating on shares of Marks and Spencer Group Plc in a research note on Thursday, July 7th. Finally, Beaufort Securities reaffirmed a “hold” rating on shares of Marks and Spencer Group Plc in a research note on Friday, July 8th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold”.

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Shares of Marks and Spencer Group Plc (NASDAQ:MAKSY) traded up 2.256% on Thursday, hitting $8.385. 142,297 shares of the company’s stock were exchanged. Marks and Spencer Group Plc has a 12 month low of $7.35 and a 12 month high of $16.55. The stock’s 50 day moving average is $8.79 and its 200 day moving average is $10.41. The firm has a market cap of $6.79 billion and a P/E ratio of 12.860.

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