Marks and Spencer Group Plc (MKS) Receives Average Rating of “Hold” from Analysts

Shares of Marks and Spencer Group Plc (LON:MKS) have earned an average rating of “Hold” from the twenty-one brokerages that are currently covering the firm, Marketbeat.com reports. Ten equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 330.30 ($4.56).

A number of research analysts have issued reports on MKS shares. Peel Hunt restated a “buy” rating and set a GBX 450 ($6.22) price target on shares of Marks and Spencer Group in a research note on Tuesday, December 5th. Jefferies Group restated a “buy” rating and set a GBX 370 ($5.11) price target on shares of Marks and Spencer Group in a research note on Tuesday, January 2nd. Shore Capital reiterated a “hold” rating on shares of Marks and Spencer Group in a research note on Thursday, January 11th. Finally, Deutsche Bank reiterated a “hold” rating and issued a GBX 335 ($4.63) price objective on shares of Marks and Spencer Group in a research note on Tuesday, January 2nd.

Marks and Spencer Group (LON MKS) opened at GBX 275.90 ($3.81) on Friday. Marks and Spencer Group has a 52 week low of GBX 274.30 ($3.79) and a 52 week high of GBX 397.80 ($5.50). The stock has a market cap of $4,480.00 and a P/E ratio of 2,508.18.

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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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