Shares of Marks and Spencer Group Plc (LON:MKS) have received a consensus rating of “Hold” from the thirty ratings firms that are presently covering the firm. Ten equities research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 414.36 ($5.13).
A number of equities analysts have recently weighed in on the company. Goldman Sachs Group Inc. reiterated a “sell” rating and issued a GBX 280 ($3.47) target price on shares of Marks and Spencer Group Plc in a report on Friday, July 8th. JPMorgan Chase & Co. restated an “underweight” rating and issued a GBX 285 ($3.53) price objective on shares of Marks and Spencer Group Plc in a report on Monday, July 11th. Beaufort Securities restated a “hold” rating on shares of Marks and Spencer Group Plc in a report on Friday, July 8th. BNP Paribas increased their price objective on Marks and Spencer Group Plc from GBX 310 ($3.84) to GBX 320 ($3.96) and gave the stock an “underperform” rating in a report on Friday, September 9th. Finally, Deutsche Bank AG restated a “buy” rating on shares of Marks and Spencer Group Plc in a report on Wednesday, June 29th.
Shares of Marks and Spencer Group Plc (LON:MKS) traded up 2.44% during mid-day trading on Friday, hitting GBX 327.00. 6,018,592 shares of the company were exchanged. The stock’s market cap is GBX 5.29 billion. The stock’s 50-day moving average price is GBX 330.43 and its 200 day moving average price is GBX 362.52. Marks and Spencer Group Plc has a 12-month low of GBX 255.10 and a 12-month high of GBX 550.00.
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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