Marks and Spencer Group Plc (LON:MKS) was upgraded by research analysts at Citigroup Inc. to a “buy” rating in a report issued on Monday.

A number of other equities research analysts have also recently commented on the company. HSBC reiterated a “buy” rating and set a GBX 445 ($5.51) target price on shares of Marks and Spencer Group Plc in a report on Wednesday, August 10th. BNP Paribas reiterated an “underperform” rating and set a GBX 290 ($3.59) target price on shares of Marks and Spencer Group Plc in a report on Monday, October 3rd. Barclays PLC cut Marks and Spencer Group Plc to an “underweight” rating and lowered their target price for the company from GBX 410 ($5.08) to GBX 290 ($3.59) in a report on Friday, July 22nd. Shore Capital reiterated a “buy” rating on shares of Marks and Spencer Group Plc in a report on Tuesday, September 6th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 375 ($4.65) target price on shares of Marks and Spencer Group Plc in a report on Tuesday, August 30th. Ten investment analysts have rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 388.52 ($4.81).

Analyst Recommendations for Marks and Spencer Group Plc (LON:MKS)

Shares of Marks and Spencer Group Plc (LON:MKS) opened at 332.728 on Monday. Marks and Spencer Group Plc has a 12-month low of GBX 255.10 and a 12-month high of GBX 522.62. The company has a 50 day moving average price of GBX 330.62 and a 200 day moving average price of GBX 350.14. The stock’s market cap is GBX 5.40 billion.

The business also recently declared a dividend, which will be paid on Friday, January 13th. Shareholders of record on Thursday, November 17th will be issued a GBX 6.80 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, November 17th. This represents a dividend yield of 2.05%.

Marks and Spencer Group Plc Company Profile

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.

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