Marks and Spencer Group (LON:MKS – Get Free Report)‘s stock had its “house stock” rating reaffirmed by research analysts at Shore Capital in a research report issued on Wednesday, Marketbeat Ratings reports.
Several other equities research analysts have also issued reports on the stock. Barclays reaffirmed an “overweight” rating and issued a GBX 300 ($3.81) price objective on shares of Marks and Spencer Group in a research note on Tuesday, February 6th. Jefferies Financial Group raised shares of Marks and Spencer Group to a “buy” rating and set a GBX 310 ($3.94) target price on the stock in a research note on Monday, April 22nd. Royal Bank of Canada restated an “overweight” rating and issued a GBX 315 ($4.00) price target on shares of Marks and Spencer Group in a research report on Wednesday, May 15th. Finally, JPMorgan Chase & Co. upped their target price on shares of Marks and Spencer Group from GBX 260 ($3.30) to GBX 330 ($4.19) and gave the stock an “overweight” rating in a research report on Thursday, April 11th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 304.29 ($3.87).
Check Out Our Latest Analysis on Marks and Spencer Group
Marks and Spencer Group Trading Up 1.6 %
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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