Royal Bank of Canada reiterated their sector perform rating on shares of Marks and Spencer Group (LON:MKS) in a report issued on Thursday. They currently have a GBX 300 ($3.92) price target on the retailer’s stock.
Several other equities analysts have also issued reports on MKS. Shore Capital reissued a house stock rating on shares of Marks and Spencer Group in a report on Thursday. HSBC reaffirmed a hold rating on shares of Marks and Spencer Group in a research note on Thursday. Jefferies Financial Group reduced their target price on shares of Marks and Spencer Group from GBX 370 ($4.83) to GBX 310 ($4.05) and set a buy rating for the company in a research note on Friday, January 4th. UBS Group reaffirmed a neutral rating on shares of Marks and Spencer Group in a research note on Friday, November 2nd. Finally, Liberum Capital reaffirmed a sell rating and issued a GBX 250 ($3.27) target price on shares of Marks and Spencer Group in a research note on Wednesday, November 7th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The company presently has an average rating of Hold and an average price target of GBX 301.73 ($3.94).
Shares of MKS stock traded up GBX 1.60 ($0.02) on Thursday, hitting GBX 276.10 ($3.61). The stock had a trading volume of 8,907,197 shares, compared to its average volume of 7,590,000. Marks and Spencer Group has a twelve month low of GBX 274.30 ($3.58) and a twelve month high of GBX 397.80 ($5.20).
About Marks and Spencer Group
Marks and Spencer Group plc operates various retail stores. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online. The company operates 1463 stores, including 253 owned and 383 franchise Simply Food stores; and 343 full-line and outlet stores in the United Kingdom.
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