Marks and Spencer Group Plc (MKS) Given Consensus Rating of “Hold” by Analysts
Marks and Spencer Group Plc (LON:MKS) has received a consensus recommendation of “Hold” from the twenty-nine ratings firms that are presently covering the stock. Ten research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 405.17 ($4.94).
MKS has been the subject of several research reports. HSBC reaffirmed a “buy” rating and issued a GBX 445 ($5.42) price target on shares of Marks and Spencer Group Plc in a report on Wednesday, August 10th. Credit Suisse Group AG reaffirmed an “underperform” rating and issued a GBX 340 ($4.14) price target on shares of Marks and Spencer Group Plc in a report on Friday, June 24th. Societe Generale reaffirmed a “hold” rating on shares of Marks and Spencer Group Plc in a report on Tuesday, June 28th. Barclays PLC lowered shares of Marks and Spencer Group Plc to an “underweight” rating and decreased their price target for the company from GBX 410 ($5.00) to GBX 290 ($3.53) in a report on Friday, July 22nd. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a GBX 375 ($4.57) target price on shares of Marks and Spencer Group Plc in a research note on Tuesday, August 30th.
Shares of Marks and Spencer Group Plc (LON:MKS) opened at 329.7635 on Friday. The firm’s market capitalization is GBX 5.34 billion. Marks and Spencer Group Plc has a 52-week low of GBX 255.10 and a 52-week high of GBX 550.00. The stock has a 50 day moving average of GBX 329.39 and a 200 day moving average of GBX 360.91.
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.
Receive News & Ratings for Marks and Spencer Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marks and Spencer Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.