Marks & Spencer Group Given “Buy” Rating at Galvan Research (MKS)
Marks & Spencer Group (LON:MKS)‘s stock had its “buy” rating reiterated by research analysts at Galvan Research in a report released on Monday, AnalystRatings.NET reports. They currently have a GBX 505 ($8.06) price target on the stock. Galvan Research’s price target would indicate a potential upside of 6.18% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Grupo Santander reiterated a “hold” rating on shares of Marks & Spencer Group in a research note to investors on Thursday. They now have a GBX 460 ($7.34) price target on the stock. Separately, analysts at Cantor Fitzgerald reiterated a “sell” rating on shares of Marks & Spencer Group in a research note to investors on Wednesday, October 9th. They now have a GBX 445 ($7.10) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Marks & Spencer Group in a research note to investors on Wednesday, October 9th. They now have a GBX 540 ($8.62) price target on the stock. Ten research analysts have rated the stock with a sell rating, five have issued a hold rating and fourteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 477.63 ($7.63).
Shares of Marks & Spencer Group (LON:MKS) traded down 0.44% on Monday, hitting GBX 475.60. The stock had a trading volume of 2,191,914 shares. Marks & Spencer Group has a 1-year low of GBX 340.00 and a 1-year high of GBX 520.50. The stock’s 50-day moving average is GBX 483.7 and its 200-day moving average is GBX 441.1. The company’s market cap is £7.637 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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