On May 16, 2018 Marks and Spencer (MAKSY) Was Downgraded From “Buy” By HSBC.

May 16, 2018 - By Yee Bell

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

HSBC Downgraded Marks and Spencer (MAKSY)’s Rating to “Hold”.

The new “Hold” rating of MAKSY was reported in a report. HSBC downgraded the rating from “Buy” on Tuesday, 15 May.

MAKSY touched $7.795 during the last trading session after $0.005 change.Currently Marks and Spencer Group plc is after 0.00% change in last May 16, 2017. MAKSY has also 5,286 shares volume. MAKSY underperformed the S&P500 by 11.55%.

Marks and Spencer Group plc operates various retail stores.The firm is valued at $6.32 billion. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online.The P/E ratio is 24.36. 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.