MARKS & SPENCER/S (MAKSY) Cut to Sell at Investec

Investec cut shares of MARKS & SPENCER/S (OTCMKTS:MAKSY) from a hold rating to a sell rating in a report issued on Tuesday morning.

Separately, Zacks Investment Research upgraded MARKS & SPENCER/S from a sell rating to a hold rating in a research report on Tuesday, August 21st. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. MARKS & SPENCER/S currently has an average rating of Hold and a consensus price target of $8.50.

Shares of MARKS & SPENCER/S stock opened at $7.64 on Tuesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.29 and a current ratio of 0.72. The company has a market cap of $6.11 billion, a PE ratio of 10.32, a P/E/G ratio of -14.24 and a beta of 0.62. MARKS & SPENCER/S has a twelve month low of $7.20 and a twelve month high of $8.97.

The business also recently declared a Semi-Annual dividend, which will be paid on Friday, January 18th. Stockholders of record on Monday, November 19th will be given a dividend of $0.163 per share. The ex-dividend date of this dividend is Friday, November 16th. MARKS & SPENCER/S’s payout ratio is 44.59%.

MARKS & SPENCER/S Company Profile

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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