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Goldman Sachs announced Marks Spencer Group PLC (LON:MKS), boosting its stock price target to 330.00GBX today

Yesterday Marks Spencer Group PLC (LON:MKS) traded -1.28% lower at 337.00GBX. The company’s 50-day moving average is 334.26GBX and its 200-day moving average is 344.05GBX. The last stock close price is down -3.82% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 156,857 shares of the stock were exchanged, down from an average trading volume of 9,408,480

In a report announced on 11/28/2016 Goldman Sachs upped the price target of Marks Spencer Group PLC (LON:MKS) from 315.00GBX to 330.00GBX indicating a possible downside of -0.02%.

Previously on 11/17/2016, Liberum Capital reported about Marks Spencer Group PLC (LON:MKS) held steady the target price at 250.00GBX. At the time, this indicated a possible downside of -0.25%.

See Chart Below

Marks Spencer Group PLC (LON:MKS)

Marks Spencer Group PLC has a price-earnings ratio of 21.35 with a one year low of 255.10GBX and a one year high of 515.00GBX MKS’s total market value is presently 0 GBX.

A total of 26 equity analysts have released a ratings update on MKS. 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 with a consensus target price of 361.38GBX.

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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