Marks and Spencer Group Plc (LON:MKS)‘s stock had its “hold” rating reissued by Deutsche Bank AG in a report issued on Tuesday. They presently have a GBX 345 ($4.55) price target on the retailer’s stock. Deutsche Bank AG’s price target would indicate a potential downside of 0.55% from the company’s current price.

Other analysts have also issued reports about the company. Jefferies Group LLC reiterated a “buy” rating and set a GBX 420 ($5.54) price objective on shares of Marks and Spencer Group Plc in a research note on Monday, July 3rd. HSBC Holdings plc restated a “buy” rating and issued a GBX 435 ($5.74) target price on shares of Marks and Spencer Group Plc in a research note on Wednesday, June 28th. Peel Hunt restated a “buy” rating and issued a GBX 500 ($6.60) target price on shares of Marks and Spencer Group Plc in a research note on Wednesday, July 5th. Shore Capital restated a “hold” rating on shares of Marks and Spencer Group Plc in a research note on Tuesday, July 11th. Finally, Credit Suisse Group restated a “neutral” rating and issued a GBX 370 ($4.88) target price on shares of Marks and Spencer Group Plc in a research note on Thursday, July 6th. Nine research analysts have rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 354.91 ($4.68).

Shares of Marks and Spencer Group Plc (MKS) opened at 347.50 on Tuesday. Marks and Spencer Group Plc has a 12-month low of GBX 306.70 and a 12-month high of GBX 397.80. The stock’s 50 day moving average price is GBX 341.77 and its 200 day moving average price is GBX 345.76. The firm’s market capitalization is GBX 5.64 billion.

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In other Marks and Spencer Group Plc news, insider Archie Norman purchased 10,000 shares of the stock in a transaction on Friday, September 8th. The stock was acquired at an average price of GBX 320 ($4.22) per share, with a total value of £32,000 ($42,227.50).

Marks and Spencer Group Plc Company Profile

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.

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

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