Marks and Spencer Group PLC (MAKSY) to Post FY2019 Earnings of $0.75 Per Share, Jefferies Group Forecasts
Marks and Spencer Group PLC (OTCMKTS:MAKSY) – Analysts at Jefferies Group lowered their FY2019 earnings per share (EPS) estimates for shares of Marks and Spencer Group in a research report issued to clients and investors on Thursday. Jefferies Group analyst C. Gulliver now anticipates that the company will post earnings of $0.75 per share for the year, down from their prior forecast of $0.79.
Separately, Zacks Investment Research raised shares of Marks and Spencer Group from a “hold” rating to a “buy” rating and set a $9.00 target price on the stock in a research report on Wednesday, August 30th.
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Marks and Spencer Group 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.
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