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).
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).
WARNING: “Shore Capital Reaffirms Hold Rating for Marks and Spencer Group (LON:MKS)” was first reported by Macon Daily and is the property of of Macon Daily. If you are accessing this piece on another site, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The original version of this piece can be read at https://macondaily.com/2018/04/17/marks-and-spencer-groups-mks-hold-rating-reiterated-at-shore-capital-updated-updated-updated.html.
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.
Receive News & Ratings for Marks and Spencer Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marks and Spencer Group and related companies with MarketBeat.com's FREE daily email newsletter.