Marks Spencer Group PLC (LON:MKS) Has Just Had Its TP Downgraded by Analysts at RBC Capital Markets to GBX 600.00

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Analysis: Marks Spencer Group PLC (LON:MKS) Stock Target Upgraded Today

In a recent research report revealed by RBC Capital Markets on Monday, 21 December, the firm, Marks Spencer Group PLC (LON:MKS), had their Estimated Target Price lowered to GBX 600.00. Analusts right now have a solid “Outperform” rating on the stock.

From a total of 26 analysts covering Marks Spencer Group PLC (LON:MKS) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 700 while the lowest target price is GBX 400. The mean of all analyst targets is GBX 566.88 with a 26.36% above today’s (GBX 451.4) stock price. Marks Spencer Group PLC was the topic of 87 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Haitong Securities maintained shares on December 18 with “Buy” rating. JP Morgan maintained shares with “Neutral” rating and GBX 550 target share price in a report from a December 14. Peel Hunt maintained MKS stock in a recent report from December 17 with “Sell” rating. Deutsche Bank maintained the rating on December 14. Deutsche Bank has a “Buy” rating and a GBX 580 price target on shares. Finally, Barclays Capital maintained the stock with “Equal Weight” rating in a report issued on a December 15.

The stock closed the day at GBX 451.4 during the previous session. It is down 24.01% since May 22, 2015 and is downtrending. It has underperformed by 18.20% the S&P500.

Marks Spencer Group PLC (LON:MKS) Has Just Had Its TP Downgraded by Analysts at RBC Capital Markets to GBX 600.00

Marks and Spencer Group plc is a retailer in the United Kingdom. The company has a market cap of 7.37 billion GBP. The Firm is the holding firm of the Marks & Spencer Group of companies. It has 17.29 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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