Marks and Spencer Group Plc Earns Underperform Rating from Sanford C. Bernstein (MKS)
Marks and Spencer Group Plc (LON:MKS)‘s stock had its “underperform” rating reaffirmed by Sanford C. Bernstein in a research note issued on Friday. They currently have a GBX 400 ($6.69) price target on the stock. Sanford C. Bernstein’s target price points to a potential downside of 8.53% from the stock’s previous close.
Shares of Marks and Spencer Group Plc (LON:MKS) opened at 436.60 on Friday. 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’s 50-day moving average is GBX 431.2 and its 200-day moving average is GBX 451.2. The company’s market cap is £7.115 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “underweight” rating on shares of Marks and Spencer Group Plc in a research note on Friday. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Marks and Spencer Group Plc in a research note on Tuesday, August 12th. They now have a GBX 540 ($9.03) price target on the stock. Six investment analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have issued a buy rating to the stock. Marks and Spencer Group Plc has an average rating of “Hold” and an average target price of GBX 479.26 ($8.01).
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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