Marks and Spencer Group plc (LON:MKS)‘s stock had its “hold” rating restated by research analysts at Deutsche Bank AG in a note issued to investors on Tuesday. They currently have a GBX 345 ($4.54) price target on the retailer’s stock. Deutsche Bank AG’s price target would suggest a potential upside of 15.85% from the company’s current price.

A number of other brokerages have also recently issued reports on MKS. Jefferies Group LLC reissued a “buy” rating and issued a GBX 420 ($5.52) price objective on shares of Marks and Spencer Group plc in a research note on Tuesday, September 26th. J P Morgan Chase & Co reissued an “underweight” rating and issued a GBX 285 ($3.75) price objective on shares of Marks and Spencer Group plc in a research note on Tuesday, October 31st. Canaccord Genuity reissued a “hold” rating and issued a GBX 375 ($4.93) price objective on shares of Marks and Spencer Group plc in a research note on Wednesday, November 8th. Barclays PLC reissued an “overweight” rating and issued a GBX 370 ($4.87) price objective on shares of Marks and Spencer Group plc in a research note on Thursday, November 9th. Finally, Credit Suisse Group reissued a “neutral” rating and issued a GBX 370 ($4.87) price objective on shares of Marks and Spencer Group plc in a research note on Tuesday, September 19th. Nine analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 354.26 ($4.66).

Shares of Marks and Spencer Group plc (LON MKS) traded down GBX 0.90 ($0.01) during midday trading on Tuesday, hitting GBX 297.80 ($3.92). 4,361,765 shares of the stock were exchanged, compared to its average volume of 8,990,000. Marks and Spencer Group plc has a 1 year low of GBX 296.70 ($3.90) and a 1 year high of GBX 397.80 ($5.23).

Marks and Spencer Group plc (LON:MKS) last announced 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 Zacks’ consensus estimate of GBX 9.60 ($0.13) by GBX 1.10 ($0.01). The firm had revenue of GBX 512.56 billion during the quarter. Marks and Spencer Group plc had a net margin of 1.65% and a return on equity of 5.62%.

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In other news, insider Archie Norman bought 33,000 shares of the stock in a transaction dated Wednesday, November 22nd. The stock was purchased at an average price of GBX 300 ($3.95) per share, for a total transaction of £99,000 ($130,211.76).

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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