Marks & Spencer Group Given “Hold” Rating at Numis Securities Ltd (MKS)
Marks & Spencer Group (LON:MKS)‘s stock had its “hold” rating reiterated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Thursday, AnalystRatings.NET reports. They currently have a GBX 450 ($7.38) target price on the stock. Numis Securities Ltd’s target price indicates a potential upside of 1.15% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Investec upgraded shares of Marks & Spencer Group to a “buy” rating in a research note to investors on Thursday. They now have a GBX 500 ($8.20) price target on the stock. Separately, analysts at Cantor Fitzgerald cut their price target on shares of Marks & Spencer Group from GBX 425 ($6.97) to GBX 410 ($6.72) in a research note to investors on Thursday. They now have a “sell” rating on the stock. Finally, analysts at Santander reiterated a “hold” rating on shares of Marks & Spencer Group in a research note to investors on Tuesday. They now have a GBX 460 ($7.54) price target on the stock. Eight research analysts have rated the stock with a sell rating, eight have issued a hold rating and fifteen have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 480.07 ($7.87).
Marks & Spencer Group (LON:MKS) opened at 456.30 on Thursday. Marks & Spencer Group has a one year low of GBX 351.60 and a one year high of GBX 520.50. The stock has a 50-day moving average of GBX 462.0 and a 200-day moving average of GBX 475.5. The company’s market cap is £7.346 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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