Marks and Spencer Group (LON:MKS) Shares Pass Above 200-Day Moving Average of $0.00
Marks and Spencer Group Plc (LON:MKS)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $213.30. Marks and Spencer Group shares last traded at $212.20, with a volume of 4,399,565 shares traded.
A number of analysts have weighed in on the company. UBS Group decreased their price target on VF from $97.00 to $87.00 and set a “neutral” rating for the company in a report on Friday, May 24th. Peel Hunt reiterated a “buy” rating on shares of Dotdigital Group in a report on Wednesday, May 22nd. Credit Suisse Group upgraded Vipshop from an “underperform” rating to a “neutral” rating in a report on Thursday, May 23rd. Barclays decreased their price target on from GBX 320 ($4.18) to GBX 290 ($3.79) and set an “overweight” rating for the company in a report on Tuesday, June 25th. Finally, Societe Generale reissued a “sell” rating on shares of KINGFISHER PLC/SH in a research report on Tuesday, April 9th. Seven research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 251.55 ($3.29).
The firm has a market capitalization of $4.14 billion and a price-to-earnings ratio of 101.05. The company has a current ratio of 0.67, a quick ratio of 0.34 and a debt-to-equity ratio of 66.87. The business’s 50-day moving average price is GBX 211.38.
In other news, insider Katie Bickerstaffe acquired 2,000 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The stock was purchased at an average price of GBX 249 ($3.25) per share, for a total transaction of £4,980 ($6,507.25). Also, insider Steve Rowe sold 15,873 shares of the stock in a transaction dated Monday, June 24th. The shares were sold at an average price of GBX 205 ($2.68), for a total transaction of £32,539.65 ($42,518.82).
About Marks and Spencer Group (LON:MKS)
Marks and Spencer Group plc operates various retail stores. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online. The company operates 1463 stores, including 253 owned and 383 franchise Simply Food stores; and 343 full-line and outlet stores in the United Kingdom.
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