Key Investment Analysts at JP Morgan Cazenove Reiterated their ‘”Neutral”’ rating for Marks Spencer Group PLC (LON:MKS) Shares Today. Their PT Provided Is GBX 550.00


Marks Spencer Group PLC (LON:MKS) Rating Reaffirmed

Marks Spencer Group PLC (LON:MKS) just had their share rating of a ‘”Neutral”‘ issued by research analysts at JP Morgan Cazenove, who now has a GBX 550.00 target PPS on the 7.76 billion GBP market cap company or a 17.98% upside potential. This key information was unveiled in a note on 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 24.49% above today’s (GBX 466.18) stock price. Marks Spencer Group PLC was the topic of 78 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 11 with “Market Perform” 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 December 7 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, Haitong Securities maintained the stock with “Buy” rating in a report issued on a November 27.

The stock decreased 1.82% or GBX 8.62 on December 11, striking GBX 466.18. Approximately 5.63 million shares of stock traded hands or 14.66% up from the average. 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.

Key Investment Analysts at JP Morgan Cazenove Reiterated their ‘

Marks and Spencer Group plc is a retailer in the United Kingdom. The company has a market cap of 7.76 billion GBP. The Firm is the holding firm of the Marks & Spencer Group of companies. It has 17.85 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.