A report released today by JP Morgan Cazenove about Marks Spencer Group PLC (LON:MKS) maintains the target price at 285.00GBX
- Updated: October 1, 2016
In a statement issued on 9/29/2016 JP Morgan Cazenove hold steady the target price of Marks Spencer Group PLC (LON:MKS) from 285.00GBX to 285.00GBX stating a potential downside of -0.10%.
On 09/12/2016, Exane BNP Paribas released a statement on Marks Spencer Group PLC (LON:MKS) maintained the target price at 320.00GBX that suggested a downside of -0.04%.
Displaying a price of 315.90GBX, Marks Spencer Group PLC (LON:MKS) traded 3.11% higher on the day. The last closing price is down -10.00% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Marks Spencer Group PLC has recorded a 50-day moving average of 334.20GBX and a 200-day moving average of 367.88GBX. 17,041,294 shares of the stock traded hands, up from an average trading volume of 8,126,530
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Marks Spencer Group PLC has a 52 week low of 255.10GBX and a 52 week high of 550.00GBX with a P/E ratio of 13.35 The company’s market cap is currently 0 GBX.
In addition to JP Morgan Cazenove reporting its stock price target, a total of 26 brokers have issued a research note on the company. The average stock price target is 361.38GBX with 3 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 8 brokers rating the stock a hold, 7 brokers rating the stock a underperform, and finally 3 brokers rating the stock a sell.
General Information About Marks Spencer Group PLC (LON:MKS)
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. The International segment consists of Marks & Spencer owned businesses in the Republic of Ireland, Europe and Asia, together with international franchise operations. The Company is engaged in delivering own brand food, clothing and home products in its stores and online both in the United Kingdom and internationally. The Company sells womenswear, lingerie, menswear, kidswear, beauty and home products, serving customers through approximately 300 full-line stores and Website, M&S.com. It has approximately 910 United Kingdom stores, including over 220 owned and approximately 350 franchise Simply Food stores.
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