BNP Paribas reissued their underperform rating on shares of Marks and Spencer Group Plc (LON:MKS) in a research report report published on Monday. BNP Paribas currently has a GBX 290 ($3.79) target price on the retailer’s stock.
Several other research analysts have also weighed in on the stock. HSBC restated a buy rating and set a GBX 445 ($5.81) target price on shares of Marks and Spencer Group Plc in a research report on Wednesday, August 10th. Credit Suisse Group AG reiterated an underperform rating and issued a GBX 340 ($4.44) price target on shares of Marks and Spencer Group Plc in a research report on Friday, June 24th. Societe Generale reiterated a hold rating on shares of Marks and Spencer Group Plc in a research report on Tuesday, June 28th. Barclays PLC lowered shares of Marks and Spencer Group Plc to an underweight rating and lowered their price target for the company from GBX 410 ($5.35) to GBX 290 ($3.79) in a research report on Friday, July 22nd. Finally, Royal Bank Of Canada reiterated an outperform rating and issued a GBX 375 ($4.89) price target on shares of Marks and Spencer Group Plc in a research report on Tuesday, August 30th. Ten investment analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have assigned a buy rating to the company. The company has a consensus rating of Hold and an average price target of GBX 412.33 ($5.38).
Shares of Marks and Spencer Group Plc (LON:MKS) opened at 330.60 on Monday. The company has a 50-day moving average of GBX 332.25 and a 200 day moving average of GBX 365.50. Marks and Spencer Group Plc has a 12-month low of GBX 255.10 and a 12-month high of GBX 550.00. The firm’s market cap is GBX 5.35 billion.
Marks and Spencer Group Plc Company Profile
Marks and Spencer Group plc is a retailer in the United Kingdom. The Company is the holding company of the Marks & Spencer Group of companies. The Company operates through five segments: M&S for Business, M&S Bank, M&S Energy, M&S Outlet and M&S TV to provide the services of Christmas Shopping, Style & Living, Women, Lingerie, Beauty, Men, Kids, Home, Food & Wine, Flowers & Gifts, Outlets, Television, Energy and M&S Bank.
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