Shore Capital Reaffirms Hold Rating for Marks and Spencer Group (LON:MKS)

Marks and Spencer Group (LON:MKS)‘s stock had its “hold” rating reaffirmed by stock analysts at Shore Capital in a research report issued to clients and investors on Friday, March 23rd.

Several other equities research analysts have also recently weighed in on MKS. Deutsche Bank restated a “hold” rating and set a GBX 335 ($4.80) target price on shares of Marks and Spencer Group in a research note on Tuesday, December 19th. JPMorgan Chase restated an “underweight” rating and set a GBX 285 ($4.08) target price on shares of Marks and Spencer Group in a research note on Friday, January 12th. Investec restated a “sell” rating and set a GBX 270 ($3.87) target price on shares of Marks and Spencer Group in a research note on Thursday, January 11th. Goldman Sachs decreased their target price on Marks and Spencer Group from GBX 330 ($4.73) to GBX 275 ($3.94) and set a “sell” rating for the company in a research note on Monday, December 4th. Finally, Jefferies Group restated a “buy” rating and set a GBX 370 ($5.30) target price on shares of Marks and Spencer Group in a research note on Thursday, December 14th. Nine investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 330.61 ($4.73).

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LON MKS traded up GBX 4.60 ($0.07) during trading on Friday, hitting GBX 281 ($4.02). The stock had a trading volume of 10,220,014 shares, compared to its average volume of 7,590,000. Marks and Spencer Group has a twelve month low of GBX 274.30 ($3.93) and a twelve month high of GBX 397.80 ($5.70).

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About Marks and Spencer Group

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 (LON:MKS)

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