Marks and Spencer Group Plc Given Hold Rating at Grupo Santander (MKS)
Marks and Spencer Group Plc (LON:MKS)‘s stock had its “hold” rating reiterated by analysts at Grupo Santander in a research report issued to clients and investors on Tuesday. They currently have a GBX 446 ($7.60) price target on the stock. Grupo Santander’s price target would suggest a potential upside of 4.89% from the stock’s previous close.
A number of other analysts have also recently weighed in on MKS. Analysts at Jefferies Group cut their price target on shares of Marks and Spencer Group Plc from GBX 600 ($10.22) to GBX 525 ($8.94) in a research note on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Shore Capital reiterated a “hold” rating on shares of Marks and Spencer Group Plc in a research note on Monday. Finally, analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Marks and Spencer Group Plc in a research note on Friday. They now have a GBX 400 ($6.81) price target on the stock. Seven equities research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 475.85 ($8.11).
Shares of Marks and Spencer Group Plc (LON:MKS) opened at 425.40 on Tuesday. Marks and Spencer Group Plc has a one year low of GBX 359.20 and a one year high of GBX 520.50. The stock has a 50-day moving average of GBX 445.8 and a 200-day moving average of GBX 458.. The company’s market cap is £6.933 billion.
The company also recently declared a dividend, which is scheduled for Friday, July 11th. Stockholders of record on Wednesday, May 28th will be given a dividend of GBX 10.80 ($0.18) per share. This represents a yield of 2.42%. The ex-dividend date of this dividend is Wednesday, May 28th.
Marks and Spencer Group plc is a United Kingdom retailer. The Company is the holding company of the Marks & Spencer Group of companies.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.