Marks and Spencer Group (OTCMKTS:MAKSY) had its price target raised by equities researchers at Credit Suisse Group from 265.00 to 275.00 in a note issued to investors on Friday, The Fly reports.
A number of other analysts have also weighed in on MAKSY. Royal Bank of Canada reissued a “sector perform” rating on shares of Marks and Spencer Group in a research report on Wednesday, October 6th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Marks and Spencer Group in a research report on Friday, November 12th. Peel Hunt raised shares of Marks and Spencer Group to a “buy” rating in a research report on Wednesday, November 10th. Jefferies Financial Group lowered shares of Marks and Spencer Group from a “buy” rating to a “hold” rating in a research report on Wednesday, November 17th. Finally, UBS Group lowered shares of Marks and Spencer Group from a “buy” rating to a “neutral” rating in a research report on Thursday, December 2nd. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $141.00.
Shares of OTCMKTS:MAKSY traded down $0.60 during trading on Friday, reaching $6.39. The company’s stock had a trading volume of 26,010 shares, compared to its average volume of 28,862. Marks and Spencer Group has a 12 month low of $3.48 and a 12 month high of $7.09. The firm’s 50 day simple moving average is $6.29 and its two-hundred day simple moving average is $5.15.
Marks & Spencer Group Plc engages in the retail of clothes, food, and home products. It operates through the United Kingdom (UK) and International geographical segment. The UK segment consists of the UK retail business and franchise operations. The International segment includes Marks & Spencer owned businesses in Europe and Asia, and the international franchise operations.
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