Several other equities analysts have also commented on MKS. Deutsche Bank reaffirmed a hold rating on shares of Marks and Spencer Group in a research report on Friday, May 18th. Liberum Capital reaffirmed a sell rating on shares of Marks and Spencer Group in a research report on Friday, May 18th. Peel Hunt reaffirmed a buy rating on shares of Marks and Spencer Group in a research report on Wednesday, May 23rd. UBS Group set a GBX 275 ($3.58) price target on shares of Marks and Spencer Group and gave the stock a neutral rating in a research report on Wednesday, May 23rd. Finally, JPMorgan Chase & Co. set a GBX 250 ($3.26) price target on shares of Marks and Spencer Group and gave the stock a sell rating in a research report on Wednesday, May 23rd. Five research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 320.33 ($4.17).
Shares of MKS traded up GBX 0.90 ($0.01) on Tuesday, hitting GBX 283.70 ($3.70). 14,160,147 shares of the stock traded hands, compared to its average volume of 7,590,000. Marks and Spencer Group has a 1 year low of GBX 274.30 ($3.57) and a 1 year high of GBX 397.80 ($5.18).
In related news, insider Steve Rowe sold 38,178 shares of the firm’s stock in a transaction on Tuesday, October 2nd. The shares were sold at an average price of GBX 283 ($3.69), for a total transaction of £108,043.74 ($140,736.93).
About Marks and Spencer Group
Marks and Spencer Group plc operates various retail stores. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online. The company operates 1463 stores, including 253 owned and 383 franchise Simply Food stores; and 343 full-line and outlet stores in the United Kingdom.
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