Marks and Spencer Group (OTCMKTS:MAKSY) PT Raised to GBX 115 at JPMorgan Chase & Co.

Marks and Spencer Group (OTCMKTS:MAKSY – Get Rating) had its target price lifted by equities research analysts at JPMorgan Chase & Co. from GBX 100 ($1.22) to GBX 115 ($1.40) in a research report issued on Friday, The Fly reports.

Other analysts have also recently issued research reports about the stock. Citigroup increased their price target on shares of Marks and Spencer Group from GBX 125 ($1.52) to GBX 150 ($1.83) in a research note on Friday. Credit Suisse Group decreased their price target on shares of Marks and Spencer Group from GBX 185 ($2.25) to GBX 150 ($1.83) in a research note on Tuesday, November 1st. HSBC cut shares of Marks and Spencer Group from a “buy” rating to a “hold” rating in a research note on Friday, October 28th. Peel Hunt cut shares of Marks and Spencer Group to a “buy” rating in a research note on Wednesday, November 9th. Finally, Morgan Stanley reiterated an “equal weight” rating on shares of Marks and Spencer Group in a research note on Friday, December 2nd. Three analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Marks and Spencer Group has an average rating of “Hold” and a consensus target price of $153.83.

Marks and Spencer Group Stock Up 1.5 %

OTCMKTS MAKSY opened at $3.70 on Friday. The firm’s fifty day moving average price is $3.07 and its 200 day moving average price is $2.94. Marks and Spencer Group has a 12 month low of $2.03 and a 12 month high of $6.26.

About Marks and Spencer Group

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Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and ‘Food on the Move' products.