Marks and Spencer Group Plc (LON:MKS)‘s stock had its “neutral” rating restated by equities researchers at Credit Suisse Group in a research report issued to clients and investors on Tuesday. They currently have a GBX 370 ($4.99) price objective on the retailer’s stock. Credit Suisse Group’s price target points to a potential upside of 12.60% from the company’s current price.

Other analysts have also recently issued research reports about the stock. Jefferies Group LLC upped their price objective on shares of Marks and Spencer Group Plc from GBX 370 ($4.99) to GBX 420 ($5.66) and gave the company a “buy” rating in a research report on Monday, May 22nd. Peel Hunt restated a “buy” rating and issued a GBX 500 ($6.74) price objective on shares of Marks and Spencer Group Plc in a research report on Wednesday, May 24th. HSBC Holdings plc restated a “buy” rating and issued a GBX 435 ($5.86) price objective on shares of Marks and Spencer Group Plc in a research report on Friday, May 26th. Finally, Deutsche Bank AG restated a “hold” rating on shares of Marks and Spencer Group Plc in a research report on Wednesday, June 7th. Nine research analysts have rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the company’s stock. Marks and Spencer Group Plc has a consensus rating of “Hold” and an average target price of GBX 354.91 ($4.79).

Marks and Spencer Group Plc (LON:MKS) opened at 328.60 on Tuesday. The stock’s 50 day moving average price is GBX 323.32 and its 200-day moving average price is GBX 343.11. Marks and Spencer Group Plc has a one year low of GBX 306.70 and a one year high of GBX 397.80. The stock’s market cap is GBX 5.33 billion.

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In other news, insider Archie Norman acquired 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The shares were acquired at an average cost of GBX 320 ($4.31) per share, with a total value of £32,000 ($43,144.13).

About Marks and Spencer Group Plc

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.

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

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