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Marks Spencer Group PLC (LON:MKS) target price lowered to 290.00GBX, reported today by Investec

Marks Spencer Group PLC (LON:MKS) had its target bumped down to 290.00GBX by Investec in an issued report announced 11/29/2016. The bumped down target suggests a potential downside of -0.11% from the company's most recent stock price close.

Previously on Monday November 28, 2016, Goldman Sachs reported on Marks Spencer Group PLC (LON:MKS) increased the target price from 315.00GBX to 330.00GBX. At the time, this indicated a possible downside of -0.02%.

Yesterday Marks Spencer Group PLC (LON:MKS) traded -1.06% lower at 326.40GBX. The company’s 50-day moving average is 334.72GBX and its 200-day moving average is 342.39GBX. The last closing price is down -4.64% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 2,637,306 shares of the stock traded hands, down from an avg. volume of 9,411,490

Recent Performance Chart

Marks Spencer Group PLC (LON:MKS)

Marks Spencer Group PLC has PE ratio of 21.06 with a one year low of 255.10GBX and a one year high of 515.00GBX and has a market capitalization of 0 GBX.

A total of 26 analysts have released a report on Marks Spencer Group PLC. Three analysts rating the company a strong buy, 8 brokerages rating the stock a buy, 8 brokerages rating the stock a hold, 7 brokerages rating the stock a underperform, and finally 3 brokerages rating the stock a sell with a average stock price target of 361.38GBX.

Brief Synopsis On 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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