Barclays Capital Gives Underweight Rating to Marks & Spencer Group (MKS)
Marks & Spencer Group (LON: MKS)‘s stock had its “underweight” rating restated by equities researchers at Barclays Capital in a report issued on Wednesday. They currently have a $5.14 (320 GBX) target price on the stock.
Shares of Marks & Spencer Group opened at 368.10 on Wednesday. Marks & Spencer Group has a 52 week low of GBX 310.60 and a 52 week high of GBX 399.69. The stock’s 50-day moving average is currently GBX 368.. The company’s market cap is £5.876 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Marks & Spencer Group in a research note to investors on Tuesday. They now have a $5.96 price target on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Marks & Spencer Group in a research note to investors on Friday, January 4th. They now have a $7.28 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Marks & Spencer Group in a research note to investors on Friday, December 14th.
Marks and Spencer Group plc is a United Kingdom retailer. The Company is the holding company of the Marks & Spencer Group of companies.
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