MARKS & SPENCER/S (MAKSY) Upgraded to “Hold” by Zacks Investment Research

MARKS & SPENCER/S (OTCMKTS:MAKSY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors 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. “

Several other equities analysts have also recently issued reports on MAKSY. Investec cut shares of MARKS & SPENCER/S from a “hold” rating to a “sell” rating in a research note on Tuesday, November 20th. Royal Bank of Canada cut shares of MARKS & SPENCER/S from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, November 28th. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $8.50.

Shares of OTCMKTS MAKSY opened at $7.68 on Thursday. MARKS & SPENCER/S has a 12 month low of $6.00 and a 12 month high of $8.49. The company has a market cap of $6.21 billion, a price-to-earnings ratio of 10.37, a price-to-earnings-growth ratio of -2.96 and a beta of 1.12.

About MARKS & SPENCER/S

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.

Further Reading: Stock Symbol

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