Marks Spencer Group PLC (LON:MKS) Rating Reaffirmed
In a recent research report revealed to investors this morning, Exane BNP Paribas has reaffirmed their “Outperform” rating on Marks Spencer Group PLC (LON:MKS) shares. The TP suggests a possible upside of 25.26% from company’s last price.
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 450. The mean of all analyst targets is GBX 568.81 with a 23.96% above today’s (GBX 465.2) stock price. Marks Spencer Group PLC was the topic of 84 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. HSBC maintained shares on December 16 with “Buy” rating. JP Morgan maintained shares with “Neutral” rating and GBX 550 target share price in a report from a December 14. Investec maintained MKS stock in a recent report from December 14 with “Buy” rating. Bernstein maintained the rating on December 11. Bernstein has a “Market Perform” rating and a GBX 535 price target on shares. Finally, Nomura maintained the stock with “Buy” rating in a report issued on a December 14.
The stock increased 1.57% or GBX 7.2 on December 17, striking GBX 465.2. Approximately shares of stock traded hands. Marks and Spencer Group Plc (LON:MKS) has declined 22.83% since May 21, 2015 and is downtrending. It has underperformed by 20.57% the S&P500.
Marks and Spencer Group plc is a retailer in the United Kingdom. The company has a market cap of 7.51 billion GBP. The Firm is the holding firm of the Marks & Spencer Group of companies. It has 17.81 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.