Marks and Spencer Group plc (LON:MKS) insider Archie Norman purchased 33,000 shares of the stock in a transaction on Wednesday, November 22nd. The stock was bought at an average cost of GBX 300 ($3.95) per share, for a total transaction of £99,000 ($130,211.76).

Archie Norman also recently made the following trade(s):

  • On Friday, September 8th, Archie Norman purchased 10,000 shares of Marks and Spencer Group plc stock. The stock was bought at an average cost of GBX 320 ($4.21) per share, for a total transaction of £32,000 ($42,088.65).

Marks and Spencer Group plc (LON MKS) opened at GBX 298.43 ($3.93) on Thursday. Marks and Spencer Group plc has a fifty-two week low of GBX 296.70 ($3.90) and a fifty-two week high of GBX 397.80 ($5.23).

Marks and Spencer Group plc (LON:MKS) last issued its quarterly earnings results on Wednesday, November 8th. The retailer reported GBX 10.70 ($0.14) EPS for the quarter, topping analysts’ consensus estimates of GBX 9.60 ($0.13) by GBX 1.10 ($0.01). The company had revenue of GBX 512.56 billion for the quarter. Marks and Spencer Group plc had a net margin of 1.65% and a return on equity of 5.62%.

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

TRADEMARK VIOLATION NOTICE: This piece was originally reported by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another website, it was copied illegally and reposted in violation of US and international copyright and trademark legislation. The legal version of this piece can be accessed at https://www.dailypolitical.com/2017/11/22/marks-and-spencer-group-plc-mks-insider-archie-norman-purchases-33000-shares.html.

MKS has been the topic of several recent research reports. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 360 ($4.73) target price on shares of Marks and Spencer Group plc in a report on Wednesday, July 26th. reaffirmed a “buy” rating and set a GBX 435 ($5.72) target price on shares of Marks and Spencer Group plc in a report on Thursday, July 27th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 425 ($5.59) target price on shares of Marks and Spencer Group plc in a report on Tuesday, August 1st. Credit Suisse Group reaffirmed a “neutral” rating and set a GBX 370 ($4.87) target price on shares of Marks and Spencer Group plc in a report on Friday, September 1st. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 420 ($5.52) target price on shares of Marks and Spencer Group plc in a report on Tuesday, September 26th. Nine research analysts have rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company’s stock. Marks and Spencer Group plc has an average rating of “Hold” and a consensus target price of GBX 354.26 ($4.66).

Marks and Spencer Group plc Company Profile

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.

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.