Marks and Spencer Group (LON:MKS – Get Free Report) was upgraded by research analysts at Jefferies Financial Group to a “buy” rating in a research note issued on Monday, MarketBeat reports. The brokerage presently has a GBX 310 ($3.83) price objective on the retailer’s stock. Jefferies Financial Group’s price target would indicate a potential upside of 17.92% from the company’s current price.
Other equities research analysts also recently issued reports about the stock. JPMorgan Chase & Co. upped their price target on shares of Marks and Spencer Group from GBX 260 ($3.21) to GBX 330 ($4.08) and gave the company an “overweight” rating in a report on Thursday, April 11th. Barclays restated an “overweight” rating and set a GBX 300 ($3.71) price objective on shares of Marks and Spencer Group in a report on Tuesday, February 6th. Finally, Shore Capital reiterated a “house stock” rating on shares of Marks and Spencer Group in a report on Thursday, April 11th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Marks and Spencer Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 290.83 ($3.59).
View Our Latest Research Report on MKS
Marks and Spencer Group Stock Performance
About Marks and Spencer Group
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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