4.69% to Target, Goldman Sachs Sticks With ‘”Sell”’ Rating on Marks & Spencer Group (LON:MKS) Shares Today


Marks & Spencer Group (LON:MKS) Rating Reaffirmed

Recently, In an analyst research report revealed to investors on 3 December, Marks & Spencer Group (LON:MKS) shares have had their “Sell” Rating has decided to reaffirm by research professionals at Goldman Sachs, who currently has a GBX 525.00 target PPS on firm. This target by Goldman Sachs indicates the possibile upside of 4.69% from the closing share price.

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 16.27% above today’s (GBX 501) stock price. Marks Spencer Group PLC was the topic of 73 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Haitong Securities maintained shares on November 27 with “Buy” rating. JP Morgan maintained shares with “Neutral” rating and GBX 550 target share price in a report from a November 13. Bernstein maintained MKS stock in a recent report from November 23 with “Market Perform” rating. BNP Paribas maintained the rating on November 11. BNP Paribas has a “Outperform” rating and a GBX 620 price target on shares. Finally, J.P. Morgan maintained the stock with “Neutral” rating in a report issued on a November 13.

The stock decreased 1.76% or GBX 9 on December 3, striking GBX 501. Approximately 5.67 million shares of stock traded hands or 16.19% up from the average. Marks and Spencer Group Plc (LON:MKS) has declined 6.76% since May 6, 2015 and is downtrending. It has underperformed by 6.48% the S&P500.

4.69% to Target, Goldman Sachs Sticks With ‘

Marks and Spencer Group plc is a retailer in the United Kingdom. The company has a market cap of 8.22 billion GBP. The Firm is the holding firm of the Marks & Spencer Group of companies. It has 19.18 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.