Marks and Spencer Group plc (MKS) Earns Buy Rating from

restated their buy rating on shares of Marks and Spencer Group plc (LON:MKS) in a report published on Monday, StockTargetPrices.com reports. currently has a GBX 400 ($5.26) target price on the retailer’s stock.

Several other research firms have also recently weighed in on MKS. Deutsche Bank AG reaffirmed a hold rating and set a GBX 345 ($4.54) target price on shares of Marks and Spencer Group plc in a research note on Friday, October 6th. Jefferies Group LLC reaffirmed a buy rating and set a GBX 420 ($5.52) target price on shares of Marks and Spencer Group plc in a research note on Tuesday, September 26th. J P Morgan Chase & Co reaffirmed an underweight rating and set a GBX 285 ($3.75) target price on shares of Marks and Spencer Group plc in a research note on Tuesday, October 31st. Canaccord Genuity reaffirmed a hold rating and set a GBX 375 ($4.93) target price on shares of Marks and Spencer Group plc in a research note on Wednesday, November 8th. Finally, Barclays PLC reaffirmed an overweight rating and set a GBX 370 ($4.87) target price on shares of Marks and Spencer Group plc in a research note on Thursday, November 9th. Nine analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 353.83 ($4.65).

Marks and Spencer Group plc (LON:MKS) opened at GBX 305.20 ($4.01) on Monday. Marks and Spencer Group plc has a 12 month low of GBX 306.70 ($4.03) and a 12 month high of GBX 397.80 ($5.23).

Marks and Spencer Group plc (LON:MKS) last released its earnings results on Wednesday, November 8th. The retailer reported GBX 10.70 ($0.14) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 9.60 ($0.13) by GBX 1.10 ($0.01). Marks and Spencer Group plc had a return on equity of 5.62% and a net margin of 1.65%. The company had revenue of GBX 512.56 billion for the quarter.

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The firm also recently declared a dividend, which will be paid on Friday, January 12th. Shareholders of record on Thursday, November 16th will be given a GBX 6.80 ($0.09) dividend. This represents a yield of 2.13%. The ex-dividend date of this dividend is Thursday, November 16th.

In other Marks and Spencer Group plc news, insider Archie Norman purchased 10,000 shares of the company’s stock in a transaction on Friday, September 8th. The shares were bought at an average cost of GBX 320 ($4.21) per share, with a total value of £32,000 ($42,088.65).

Marks and Spencer Group plc Company Profile

Marks and Spencer Group plc (M&S) is a retailer in the United Kingdom, with over 1,380 stores around the world. The Company is the holding company of the Marks & Spencer Group of companies. The Company operates through two segments: UK and International. The UK segment consists of the United Kingdom retail business and the United Kingdom franchise operations.

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Analyst Recommendations for Marks and Spencer Group plc (LON:MKS)

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