Marks and Spencer Group Plc (LON:MKS)‘s stock had its “overweight” rating reissued by investment analysts at Barclays PLC in a research report issued on Thursday, Marketbeat Ratings reports. They presently have a GBX 425 ($5.38) price objective on the retailer’s stock. Barclays PLC’s target price indicates a potential upside of 23.12% from the stock’s previous close.

Several other research firms have also recently commented on MKS. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating and issued a GBX 375 ($4.74) target price on shares of Marks and Spencer Group Plc in a research report on Thursday, May 25th. Jefferies Group LLC raised their target price on shares of Marks and Spencer Group Plc from GBX 370 ($4.68) to GBX 420 ($5.31) and gave the stock a “buy” rating in a research report on Monday, May 22nd. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 350 ($4.43) target price on shares of Marks and Spencer Group Plc in a research report on Wednesday, February 15th. HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 435 ($5.50) target price on shares of Marks and Spencer Group Plc in a research report on Friday, May 26th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a GBX 460 ($5.82) target price on shares of Marks and Spencer Group Plc in a research report on Monday, April 24th. Eight research analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 381.67 ($4.83).

Analyst Recommendations for Marks and Spencer Group Plc (LON:MKS)

Shares of Marks and Spencer Group Plc (MKS) traded down 1.88% during trading on Thursday, reaching GBX 345.20. 22,215,838 shares of the company were exchanged. The stock has a 50-day moving average price of GBX 373.97 and a 200-day moving average price of GBX 348.29. The stock’s market capitalization is GBX 5.60 billion. Marks and Spencer Group Plc has a one year low of GBX 255.10 and a one year high of GBX 397.80.

The business also recently declared a dividend, which will be paid on Friday, July 14th. Stockholders of record on Thursday, June 1st will be paid a GBX 11.90 ($0.15) dividend. The ex-dividend date is Thursday, June 1st. This is a positive change from Marks and Spencer Group Plc’s previous dividend of $6.80. This represents a dividend yield of 3.07%.

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About Marks and Spencer Group Plc

Marks and Spencer Group plc (M&S) is a retailer in the United Kingdom, with over 1,380 stores around the world. The Company is the holding company of the Marks & Spencer Group of companies. The Company operates through two segments: UK and International. The UK segment consists of the United Kingdom retail business and the United Kingdom franchise operations.

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