Peel Hunt restated their buy rating on shares of Marks and Spencer Group Plc (LON:MKS) in a research note issued to investors on Wednesday morning. Peel Hunt currently has a GBX 450 ($5.92) price objective on the retailer’s stock.

MKS has been the topic of a number of other reports. Societe Generale cut shares of Marks and Spencer Group Plc to a sell rating and reduced their price target for the company from GBX 376 ($4.95) to GBX 301 ($3.96) in a research report on Wednesday, July 12th. Deutsche Bank AG reaffirmed a hold rating and set a GBX 360 ($4.73) price target on shares of Marks and Spencer Group Plc in a research report on Thursday, July 13th. Liberum Capital reaffirmed a sell rating and set a GBX 250 ($3.29) price target on shares of Marks and Spencer Group Plc in a research report on Tuesday, July 11th. Investec reaffirmed a sell rating and set a GBX 295 ($3.88) price target on shares of Marks and Spencer Group Plc in a research report on Tuesday, July 11th. Finally, HSBC Holdings plc reduced their price target on shares of Marks and Spencer Group Plc from GBX 435 ($5.72) to GBX 410 ($5.39) and set a buy rating on the stock in a research report on Tuesday, November 7th. Nine investment analysts have rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the stock. Marks and Spencer Group Plc has an average rating of Hold and a consensus target price of GBX 353.32 ($4.65).

Marks and Spencer Group Plc (LON MKS) traded down GBX 6 ($0.08) on Wednesday, hitting GBX 319.20 ($4.20). 13,642,455 shares of the company traded hands, compared to its average volume of 7,940,000. Marks and Spencer Group Plc has a twelve month low of GBX 306.70 ($4.03) and a twelve month high of GBX 397.80 ($5.23).

Marks and Spencer Group Plc (LON:MKS) last announced its quarterly earnings results on Wednesday, November 8th. The retailer reported GBX 10.70 ($0.14) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 9.60 ($0.13) by GBX 1.10 ($0.01). The firm had revenue of GBX 512.56 billion for the quarter. Marks and Spencer Group Plc had a net margin of 1.77% and a return on equity of 6.40%.

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The firm also recently announced a dividend, which will be paid on Friday, January 12th. Shareholders of record on Thursday, November 16th will be paid a dividend of GBX 6.80 ($0.09) per share. The ex-dividend date is Thursday, November 16th. This represents a yield of 2.13%.

In other Marks and Spencer Group Plc news, insider Archie Norman bought 10,000 shares of the stock in a transaction on Friday, September 8th. The stock was purchased at an average price of GBX 320 ($4.21) per share, for a total transaction of £32,000 ($42,088.65).

About Marks and Spencer Group Plc

Marks and Spencer Group plc (M&S) is a retailer in the United Kingdom, with over 1,380 stores around the world. The Company is the holding company of the Marks & Spencer Group of companies. The Company operates through two segments: UK and International. The UK segment consists of the United Kingdom retail business and the United Kingdom franchise operations.

Analyst Recommendations for Marks and Spencer Group Plc (LON:MKS)

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