HSBC Downgraded Marks and Spencer (MAKSY)’s Rating From Buy.

May 16, 2018 - By Vernon Prom

Marks and Spencer Group plc (OTCMKTS:MAKSY) Corporate Logo

HSBC Lowered Marks and Spencer (MAKSY)’s Stock Rating to Hold.

HSBC has changed Marks and Spencer (MAKSY)‘s rating to Hold from Buy. The cut was announced in a note on Tuesday, 15 May.

Ticker’s shares touched $7.795 during the last trading session after 0.06% change.Marks and Spencer Group plc has volume of 5,286 shares. Since May 16, 2017 MAKSY has 0.00% and is . The stock underperformed the S&P500 by 11.55%.

Marks and Spencer Group plc operates various retail stores.The firm is worth $6.32 billion. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online.24.36 is the P/E ratio. The firm operates 942 stores, including 253 owned and 383 franchise Simply Food stores; and 343 full-line stores and 41 outlet stores in the United Kingdom.

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