Marks & Spencer Group Rating Lowered to Underweight at Barclays Capital (MKS)
Marks & Spencer Group (LON: MKS) was downgraded by analysts at Barclays Capital to an “underweight” rating in a research report issued to clients and investors on Tuesday. They currently have a $4.97 (310 GBX) price target on the stock.
A number of other analysts have also recently weighed in on MKS. Analysts at Investec reiterated a “sell” rating on shares of Marks & Spencer Group in a research note to investors on Monday, October 22nd. They now have a $4.40 price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Marks & Spencer Group in a research note to investors on Friday, October 5th. They now have a $8.50 price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Marks & Spencer Group in a research note to investors on Tuesday, October 2nd. They now have a $5.81 price target on the stock.
Shares of Marks & Spencer Group opened at 394.70 on Tuesday. Marks & Spencer Group has a one year low of GBX 300.512 and a one year high of GBX 394.90. The company’s market cap is £6.295 billion.
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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