Marks and Spencer Group Plc (MKS) Receives Consensus Rating of “Hold” from Analysts
Shares of Marks and Spencer Group Plc (LON:MKS) have been assigned a consensus recommendation of “Hold” from the sixteen research firms that are covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 287.50 ($3.76).
MKS has been the topic of a number of analyst reports. Shore Capital reiterated a “hold” rating on shares of Marks and Spencer Group in a research report on Tuesday, August 7th. Credit Suisse Group reiterated a “neutral” rating and issued a GBX 315 ($4.12) price objective (up from GBX 285 ($3.72)) on shares of Marks and Spencer Group in a research report on Thursday, August 9th. HSBC reiterated a “hold” rating on shares of Marks and Spencer Group in a research report on Monday, August 13th. Liberum Capital reissued a “sell” rating and issued a GBX 250 ($3.27) target price on shares of Marks and Spencer Group in a report on Thursday, September 6th. Finally, Barclays reissued an “overweight” rating on shares of Marks and Spencer Group in a report on Monday, October 15th.
LON:MKS opened at GBX 301.70 ($3.94) on Thursday. Marks and Spencer Group has a 1-year low of GBX 274.30 ($3.58) and a 1-year high of GBX 397.80 ($5.20).
In other news, insider Steve Rowe sold 38,178 shares of Marks and Spencer Group stock in a transaction on Tuesday, October 2nd. The stock was sold at an average price of GBX 283 ($3.70), for a total transaction of £108,043.74 ($141,178.28).
About Marks and Spencer Group
Marks and Spencer Group plc operates various retail stores. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online. The company operates 1463 stores, including 253 owned and 383 franchise Simply Food stores; and 343 full-line and outlet stores in the United Kingdom.
Further Reading: How to Invest in an Index Fund
Receive News & Ratings for Marks and Spencer Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marks and Spencer Group and related companies with MarketBeat.com's FREE daily email newsletter.