Bernstein Has Just Reaffirmed GBX 535 Target Price Per Share on Marks & ” Rating


Marks & Spencer Group (LON:MKS) Rating Reaffirmed

They currently have a GBX 535 target price per share on Marks & Spencer Group (LON:MKS). The target price by Bernstein would suggest a potential upside of 13.76% from the company’s previous stock close. This has been announced to investors in a very recent research note on 11 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 23.98% above today’s (GBX 468.1) stock price. Marks Spencer Group PLC was the topic of 77 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 7 with “Top Pick” rating. J.P. 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 December 4 with “Market Perform” rating. JP Morgan maintained the rating on November 13. JP Morgan has a “Neutral” rating and a GBX 550 price target on shares. Finally, Haitong Securities maintained the stock with “Buy” rating in a report issued on a November 27.

Approximately 1.54M shares of stock traded hands. Marks and Spencer Group Plc (LON:MKS) has declined 16.04% since May 14, 2015 and is downtrending. It has underperformed by 13.02% the S&P500.

Bernstein Has Just Reaffirmed GBX 535 Target Price Per Share on Marks & Spencer Group (LON:MKS) stock, While They’ve Also Reiterated Their

Marks and Spencer Group plc is a retailer in the United Kingdom. The company has a market cap of 7.77 billion GBP. The Firm is the holding firm of the Marks & Spencer Group of companies. It has 17.92 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.