Marks and Spencer Group (OTCMKTS:MAKSY – Get Rating) had its price target cut by JPMorgan Chase & Co. from GBX 180 ($2.21) to GBX 165 ($2.02) in a research note issued to investors on Tuesday, The Fly reports.
MAKSY has been the topic of a number of other research reports. Credit Suisse Group cut their price objective on Marks and Spencer Group from GBX 275 ($3.37) to GBX 185 ($2.27) in a research report on Tuesday, July 5th. Deutsche Bank Aktiengesellschaft cut their price objective on Marks and Spencer Group from GBX 165 ($2.02) to GBX 155 ($1.90) in a research report on Tuesday, July 5th. UBS Group lowered Marks and Spencer Group from a neutral rating to a sell rating in a research report on Thursday, July 21st. Berenberg Bank cut their price objective on Marks and Spencer Group from GBX 215 ($2.63) to GBX 198 ($2.43) in a research report on Wednesday, June 8th. Finally, The Goldman Sachs Group lowered Marks and Spencer Group from a neutral rating to a sell rating in a report on Thursday, July 7th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Marks and Spencer Group currently has an average rating of Hold and a consensus price target of $175.75.
Marks and Spencer Group Price Performance
Shares of OTCMKTS MAKSY opened at $3.35 on Tuesday. Marks and Spencer Group has a 52-week low of $3.04 and a 52-week high of $7.09. The business’s 50 day moving average is $3.46 and its two-hundred day moving average is $4.05.
About Marks and Spencer Group
Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and ‘Food on the Move' products.
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