Marks and Spencer Group plc (LON:MKS)‘s stock had its “neutral” rating reaffirmed by Credit Suisse Group in a research report issued to clients and investors on Tuesday. They presently have a GBX 370 ($4.87) target price on the retailer’s stock. Credit Suisse Group’s price objective suggests a potential upside of 23.87% from the stock’s previous close.

Several other brokerages have also issued reports on MKS. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 345 ($4.54) price objective on shares of Marks and Spencer Group plc in a report on Friday, October 6th. J P Morgan Chase & Co reissued an “underweight” rating and set a GBX 285 ($3.75) price target on shares of Marks and Spencer Group plc in a report on Tuesday, October 31st. Peel Hunt reissued a “buy” rating and set a GBX 450 ($5.92) price target on shares of Marks and Spencer Group plc in a report on Wednesday, November 8th. Canaccord Genuity Group Inc. reissued a “hold” rating and set a GBX 375 ($4.93) price target on shares of Marks and Spencer Group plc in a report on Wednesday, November 8th. Finally, Barclays PLC reissued an “overweight” rating and set a GBX 370 ($4.87) price target on shares of Marks and Spencer Group plc in a report on Thursday, November 9th. Nine analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 354.26 ($4.66).

Shares of Marks and Spencer Group plc (LON:MKS) traded up GBX 0.40 ($0.01) during mid-day trading on Tuesday, hitting GBX 298.70 ($3.93). The company’s stock had a trading volume of 5,917,750 shares, compared to its average volume of 8,990,000. Marks and Spencer Group plc has a 12 month low of GBX 296.70 ($3.90) and a 12 month high of GBX 397.80 ($5.23).

Marks and Spencer Group plc (LON:MKS) last issued its quarterly earnings data on Wednesday, November 8th. The retailer reported GBX 10.70 ($0.14) earnings per share (EPS) for the quarter, topping the consensus estimate of GBX 9.60 ($0.13) by GBX 1.10 ($0.01). The company had revenue of GBX 512.56 billion for the quarter. Marks and Spencer Group plc had a return on equity of 5.62% and a net margin of 1.65%.

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In other news, insider Archie Norman acquired 10,000 shares of Marks and Spencer Group plc stock in a transaction that occurred on Friday, September 8th. The stock was purchased at an average price of GBX 320 ($4.21) per share, for a total transaction of £32,000 ($42,088.65).

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.

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

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