Marks and Spencer Group Plc (MKS) Given “Neutral” Rating at Credit Suisse Group

Credit Suisse Group restated their neutral rating on shares of Marks and Spencer Group Plc (LON:MKS) in a research report released on Tuesday morning. The firm currently has a GBX 370 ($4.99) target price on the retailer’s stock.

Several other research firms also recently commented on MKS. Goldman Sachs Group, Inc. (The) reiterated a sell rating and issued a GBX 357 ($4.81) price target on shares of Marks and Spencer Group Plc in a research report on Tuesday, July 4th. Jefferies Group LLC reiterated a buy rating and issued a GBX 420 ($5.66) price target on shares of Marks and Spencer Group Plc in a research report on Monday, July 3rd. HSBC Holdings plc reiterated a buy rating and issued a GBX 435 ($5.86) price target on shares of Marks and Spencer Group Plc in a research report on Friday, May 26th. Deutsche Bank AG reiterated a hold rating and issued a GBX 360 ($4.85) price target on shares of Marks and Spencer Group Plc in a research report on Friday, July 7th. Finally, Shore Capital reiterated a hold rating on shares of Marks and Spencer Group Plc in a research report on Wednesday, May 24th. Nine analysts have rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of GBX 354.91 ($4.79).

Shares of Marks and Spencer Group Plc (LON:MKS) opened at 345.10 on Tuesday. The firm’s market cap is GBX 5.60 billion. Marks and Spencer Group Plc has a 1-year low of GBX 306.70 and a 1-year high of GBX 397.80. The stock has a 50 day moving average of GBX 323.77 and a 200-day moving average of GBX 343.15.

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In other news, insider Archie Norman acquired 10,000 shares of the business’s stock in a transaction on Friday, September 8th. The stock was bought at an average price of GBX 320 ($4.31) per share, for a total transaction of £32,000 ($43,144.13).

Marks and Spencer Group Plc Company Profile

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 Plc (LON:MKS)

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