Marks Spencer Group PLC (LON:MKS) “Buy” Rating Reiterated Today By Deutsche Bank; The Target Price Provided Is GBX 580.00

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Marks Spencer Group PLC (LON:MKS) Rating Reaffirmed

They currently have a GBX 580.00 target PPS on Marks Spencer Group PLC (LON:MKS). The target price by Deutsche Bank would suggest a potential upside of 23.27% from the company’s last price. This has been announced to investors in a note on Monday, 14 December.

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 24.52% above today’s (GBX 465.5) stock price. Marks Spencer Group PLC was the topic of 81 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 14 with “Buy” rating. Nomura maintained shares with “Buy” rating and GBX 600 target share price in a report from a December 7. JP Morgan maintained MKS stock in a recent report from December 14 with “Neutral” rating. Goldman Sachs maintained the rating on December 3. Goldman Sachs has a “Sell” rating and a GBX 525 price target on shares. Finally, RBC Capital Markets maintained the stock with “Top Pick” rating in a report issued on a December 7.

Approximately 993,879 shares of stock traded hands. Marks and Spencer Group Plc (LON:MKS) has declined 18.12% since May 15, 2015 and is downtrending. It has underperformed by 13.70% the S&P500.

Marks Spencer Group PLC (LON:MKS)

Marks and Spencer Group plc is a retailer in the United Kingdom. The company has a market cap of 7.59 billion GBP. The Firm is the holding firm of the Marks & Spencer Group of companies. It has 17.83 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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