Marks & Spencer Group Given Average Rating of “Hold” by Analysts (LON:MKS)
Shares of Marks & Spencer Group (LON:MKS) have earned an average recommendation of “Hold” from the thirty analysts that are covering the company, AnalystRatings.NET reports. Six analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 494.15 ($8.22).
Several analysts have recently commented on the stock. Analysts at Jefferies Group upgraded shares of Marks & Spencer Group to a “buy” rating in a research note on Wednesday, February 19th. They now have a GBX 600 ($9.98) price target on the stock, up previously from GBX 480 ($7.98). Separately, analysts at Galvan Research reiterated a “buy” rating on shares of Marks & Spencer Group in a research note on Monday, January 27th. They now have a GBX 510 ($8.48) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Marks & Spencer Group in a research note on Monday, January 27th. They now have a GBX 400 ($6.65) price target on the stock.
Marks & Spencer Group (LON:MKS) traded down 1.96% during mid-day trading on Wednesday, hitting GBX 501.00. 1,113,480 shares of the company’s stock traded hands. Marks & Spencer Group has a one year low of GBX 355.00 and a one year high of GBX 520.50. The stock has a 50-day moving average of GBX 478.5 and a 200-day moving average of GBX 479.5. The company’s market cap is £8.065 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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