Deutsche Bank Aktiengesellschaft Increases Marks and Spencer Group (OTCMKTS:MAKSY) Price Target to GBX 235

Marks and Spencer Group (OTCMKTS:MAKSY – Get Rating) had its price objective boosted by Deutsche Bank Aktiengesellschaft from GBX 210 ($2.61) to GBX 235 ($2.92) in a report issued on Thursday morning, The Fly reports.

Other analysts also recently issued reports about the company. Credit Suisse Group lifted their price target on Marks and Spencer Group from GBX 150 ($1.87) to GBX 200 ($2.49) in a report on Tuesday, March 28th. JPMorgan Chase & Co. lifted their target price on Marks and Spencer Group from GBX 115 ($1.43) to GBX 130 ($1.62) in a research report on Monday, March 27th. Barclays lifted their target price on Marks and Spencer Group from GBX 165 ($2.05) to GBX 200 ($2.49) in a research report on Monday, April 3rd. The Goldman Sachs Group upgraded Marks and Spencer Group from a sell rating to a neutral rating in a research report on Tuesday, March 21st. Finally, Citigroup cut Marks and Spencer Group from a buy rating to a neutral rating in a research report on Thursday, May 18th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Marks and Spencer Group presently has an average rating of Hold and an average price target of $180.86.

Marks and Spencer Group Stock Down 1.6 %

MAKSY opened at $4.56 on Thursday. The business has a fifty day simple moving average of $4.15 and a 200-day simple moving average of $3.67. Marks and Spencer Group has a 52 week low of $2.03 and a 52 week high of $4.68. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.49 and a current ratio of 0.88.

About Marks and Spencer Group

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Marks & Spencer Group Plc engages in the retail of clothes, food, and home products. It operates through the following segments: UK Clothing and Home, UK Food, International, Ocado, and All Other. The UK Clothing and Home segment retails womenswear, menswear, lingerie, kidswear and home products. The UK Food segment includes the results of the UK retail food business and UK Food franchise operations.