Marks and Spencer Group’s (MKS) “House Stock” Rating Reiterated at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Marks and Spencer Group (LON:MKS) in a report published on Wednesday morning, Marketbeat.com reports.

Marks and Spencer Group Stock Performance

Shares of Marks and Spencer Group stock opened at GBX 397.70 ($5.02) on Wednesday. Marks and Spencer Group has a 12 month low of GBX 229.60 ($2.90) and a 12 month high of GBX 415.30 ($5.24). The company has a current ratio of 0.86, a quick ratio of 0.42 and a debt-to-equity ratio of 110.71. The company has a market capitalization of £8.03 billion, a PE ratio of 1,893.81, a PEG ratio of 0.20 and a beta of 1.62. The stock’s fifty day simple moving average is GBX 380.85 and its 200 day simple moving average is GBX 341.78.

Marks and Spencer Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 28th will be given a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, November 28th. This represents a dividend yield of 0.26%. Marks and Spencer Group’s dividend payout ratio is presently 1,428.57%.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through: UK Clothing & Home, UK Food, International, Ocado, and All Other segments. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move’ products.