Marks and Spencer Group plc (LON:MKS – Get Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 249.56 ($3.13) and traded as high as GBX 265.72 ($3.34). Marks and Spencer Group shares last traded at GBX 259.70 ($3.26), with a volume of 6,964,115 shares trading hands.
Analyst Upgrades and Downgrades
MKS has been the topic of several research analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Marks and Spencer Group from GBX 260 ($3.27) to GBX 330 ($4.15) and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Barclays reiterated an “overweight” rating and issued a GBX 300 ($3.77) target price on shares of Marks and Spencer Group in a report on Tuesday, February 6th. Jefferies Financial Group upgraded shares of Marks and Spencer Group to a “buy” rating and set a GBX 310 ($3.89) price target for the company in a report on Monday, April 22nd. Finally, Shore Capital reaffirmed a “house stock” rating on shares of Marks and Spencer Group in a research report on Thursday, April 11th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 290.83 ($3.65).
View Our Latest Stock Report on MKS
Marks and Spencer Group Trading Down 0.7 %
About Marks and Spencer Group
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.
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