Marks and Spencer Group (OTCMKTS:MAKSY) Price Target Cut to GBX 165 by Analysts at JPMorgan Chase & Co.

Marks and Spencer Group (OTCMKTS:MAKSYGet Rating) had its target price reduced by JPMorgan Chase & Co. from GBX 180 ($2.21) to GBX 165 ($2.02) in a research report report published on Tuesday morning, The Fly reports.

A number of other equities research analysts also recently commented on the company. Berenberg Bank decreased their target price on Marks and Spencer Group from GBX 215 ($2.63) to GBX 198 ($2.43) in a report on Wednesday, June 8th. The Goldman Sachs Group cut Marks and Spencer Group from a neutral rating to a sell rating in a research report on Thursday, July 7th. Credit Suisse Group reduced their price target on Marks and Spencer Group from GBX 275 ($3.37) to GBX 185 ($2.27) in a research report on Tuesday, July 5th. UBS Group cut Marks and Spencer Group from a neutral rating to a sell rating in a research report on Thursday, July 21st. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Marks and Spencer Group from GBX 165 ($2.02) to GBX 155 ($1.90) in a research report on Tuesday, July 5th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat, Marks and Spencer Group presently has an average rating of Hold and a consensus target price of $175.75.

Marks and Spencer Group Stock Down 2.6 %

Marks and Spencer Group stock opened at $3.41 on Tuesday. Marks and Spencer Group has a 52 week low of $3.04 and a 52 week high of $7.09. The stock has a 50-day moving average price of $3.48 and a 200 day moving average price of $4.10.

Marks and Spencer Group Company Profile

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Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and ‘Food on the Move' products.

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Analyst Recommendations for Marks and Spencer Group (OTCMKTS:MAKSY)

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