Marks and Spencer Group (LON:MKS)‘s stock had its “sell” rating restated by equities researchers at Liberum Capital in a note issued to investors on Monday, February 4th.
Other equities analysts have also recently issued reports about the stock. Barclays reiterated an “overweight” rating on shares of Marks and Spencer Group in a research report on Monday, October 15th. Jefferies Financial Group reduced their price objective on shares of Marks and Spencer Group from GBX 370 ($4.83) to GBX 310 ($4.05) and set a “buy” rating on the stock in a research note on Friday, January 4th. JPMorgan Chase & Co. reduced their price objective on shares of Marks and Spencer Group from GBX 285 ($3.72) to GBX 250 ($3.27) and set an “underweight” rating on the stock in a research note on Thursday, January 24th. Shore Capital reaffirmed a “house stock” rating on shares of Marks and Spencer Group in a research note on Thursday, January 10th. Finally, Investec lowered shares of Marks and Spencer Group to a “sell” rating and reduced their price objective for the company from GBX 285 ($3.72) to GBX 240 ($3.14) in a research note on Tuesday, November 20th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. Marks and Spencer Group has a consensus rating of “Hold” and an average price target of GBX 296.50 ($3.87).
Shares of LON:MKS traded up GBX 6 ($0.08) during midday trading on Monday, hitting GBX 279 ($3.65). The stock had a trading volume of 20,157,758 shares, compared to its average volume of 7,590,000. Marks and Spencer Group has a fifty-two week low of GBX 274.30 ($3.58) and a fifty-two week high of GBX 397.80 ($5.20).
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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