Breaking: Marks & Spencer Group (LON:MKS) Market Perform Rating Has Been Maintained at Bernstein Today; The Price Objective is GBX 535

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Marks & Spencer Group (LON:MKS) Rating Reaffirmed

Bernstein now has a GBX 535 target price per share on shares of Marks & Spencer Group (LON:MKS). The target price per share would now indicate a potential upside of 7.17% from the current price of Marks & Spencer Group (LON:MKS). This rating was disclosed to clients in a comprehensive report on Friday morning.

From a total of 26 analysts covering Marks Spencer Group PLC (LON:MKS) stock, 14 rate it a ”Buy”, 5 a “Sell”, and 10 a ”Hold”. This means that 48% of the ratings are positive. The highest target price is GBX 700 while the lowest target price is GBX 450. The mean of all analyst targets is GBX 578.42 with a 16.66% above today’s (GBX 497.5) stock price. Marks Spencer Group PLC was the topic of 74 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Goldman Sachs maintained shares on December 3 with “Sell” rating. J.P. Morgan maintained shares with “Neutral” rating and GBX 550 target share price in a report from a November 13. Nomura maintained MKS stock in a recent report from November 24 with “Buy” rating. JP Morgan maintained the rating on November 13. JP Morgan has a “Neutral” rating and a GBX 550 price target on shares. Finally, Charles Stanley upgraded the stock to “Accumulate” rating in a report issued on a November 16.

Approximately 1.06 million shares of stock traded hands. Marks and Spencer Group Plc (LON:MKS) has declined 8.16% since May 7, 2015 and is downtrending. It has underperformed by 5.37% the S&P500.

Breaking: Marks & Spencer Group (LON:MKS) Market Perform Rating Has Been Maintained at Bernstein Today; The Price Objective is GBX 535

Marks and Spencer Group plc is a retailer in the United Kingdom. The company has a market cap of 8.13 billion GBP. The Firm is the holding firm of the Marks & Spencer Group of companies. It has 19.05 P/E ratio. The Firm operates through five divisions: M&S for Business, M&S Bank, M&S Energy, M&S Outlet and M&S TV to provide the services of Christmas Shopping, Style & Living, Women, Lingerie, Beauty, Men, Kids, Home, Food & Wine, Flowers & Gifts, Outlets, Television, Energy and M&S Bank.

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