Marks & Spencer Group Stock Rating Reaffirmed by Grupo Santander (MKS)
Marks & Spencer Group (LON:MKS)‘s stock had its “hold” rating reaffirmed by Grupo Santander in a research note issued on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 460 ($7.38) target price on the stock. Grupo Santander’s price target indicates a potential downside of 1.86% from the stock’s previous close.
A number of other analysts have also recently weighed in on MKS. Analysts at Cantor Fitzgerald reiterated a “sell” rating on shares of Marks & Spencer Group in a research note to investors on Wednesday. They now have a GBX 445 ($7.14) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Marks & Spencer Group in a research note to investors on Wednesday. They now have a GBX 540 ($8.66) price target on the stock. Finally, analysts at Sanford C. Bernstein downgraded shares of Marks & Spencer Group to an “underperform” rating in a research note to investors on Tuesday. They now have a GBX 420 ($6.74) price target on the stock. Ten equities research analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 476.49 ($7.64).
Marks & Spencer Group (LON:MKS) traded up 0.83% on Thursday, hitting GBX 472.60. 1,591,299 shares of the company’s stock traded hands. Marks & Spencer Group has a one year low of GBX 340.00 and a one year high of GBX 520.50. The stock has a 50-day moving average of GBX 483.7 and a 200-day moving average of GBX 441.1. The company’s market cap is £7.589 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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