Analysts Set Marks and Spencer Group Plc (MKS) PT at $285.00

Shares of Marks and Spencer Group Plc (LON:MKS) have earned an average rating of “Hold” from the fifteen analysts that are currently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 285 ($3.72).

MKS has been the subject of several recent analyst reports. Peel Hunt reaffirmed a “buy” rating on shares of Marks and Spencer Group in a report on Wednesday, November 7th. UBS Group reaffirmed a “neutral” rating on shares of Marks and Spencer Group in a report on Friday, November 2nd. Goldman Sachs Group decreased their target price on shares of Marks and Spencer Group from GBX 265 ($3.46) to GBX 260 ($3.40) and set a “sell” rating for the company in a report on Wednesday, December 5th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Marks and Spencer Group in a report on Tuesday, October 16th. Finally, Shore Capital reaffirmed a “house stock” rating on shares of Marks and Spencer Group in a report on Thursday.

LON:MKS opened at GBX 274.20 ($3.58) on Friday. Marks and Spencer Group has a one year low of GBX 274.30 ($3.58) and a one year high of GBX 397.80 ($5.20).

The business also recently disclosed a dividend, which was paid on Friday, January 11th. Stockholders of record on Thursday, November 15th were issued a dividend of GBX 6.80 ($0.09) per share. The ex-dividend date was Thursday, November 15th. This represents a dividend yield of 2.26%.

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

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