Deutsche Bank AG reissued their hold rating on shares of Marks and Spencer Group plc (LON:MKS) in a research note issued to investors on Wednesday morning. The firm currently has a GBX 335 ($4.41) price objective on the retailer’s stock.

MKS has been the topic of a number of other research reports. Barclays PLC restated an overweight rating and issued a GBX 425 ($5.59) target price on shares of Marks and Spencer Group plc in a research note on Tuesday, August 1st. Credit Suisse Group restated a neutral rating and issued a GBX 370 ($4.87) target price on shares of Marks and Spencer Group plc in a research note on Friday, September 1st. Peel Hunt restated a buy rating and issued a GBX 450 ($5.92) target price on shares of Marks and Spencer Group plc in a research note on Wednesday, November 8th. J P Morgan Chase & Co restated an underweight rating and issued a GBX 285 ($3.75) target price on shares of Marks and Spencer Group plc in a research note on Tuesday, October 31st. Finally, Shore Capital restated a hold rating on shares of Marks and Spencer Group plc in a research note on Wednesday, November 8th. 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. The stock has a consensus rating of Hold and a consensus target price of GBX 353.83 ($4.65).

Shares of Marks and Spencer Group plc (MKS) traded down GBX 2.20 ($0.03) during trading on Wednesday, hitting GBX 301.40 ($3.96). 8,079,654 shares of the stock were exchanged, compared to its average volume of 8,530,000. Marks and Spencer Group plc has a 1-year low of GBX 301.90 ($3.97) and a 1-year high of GBX 397.80 ($5.23).

Marks and Spencer Group plc (LON:MKS) last issued its earnings results on Wednesday, November 8th. The retailer reported GBX 10.70 ($0.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of GBX 9.60 ($0.13) by GBX 1.10 ($0.01). The business had revenue of GBX 512.56 billion for the quarter. Marks and Spencer Group plc had a net margin of 1.65% and a return on equity of 5.62%.

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The business also recently disclosed a dividend, which will be paid on Friday, January 12th. Stockholders of record on Thursday, November 16th will be issued a GBX 6.80 ($0.09) dividend. This represents a dividend yield of 2.13%. The ex-dividend date of this dividend is Thursday, November 16th.

In related news, insider Archie Norman acquired 10,000 shares of the firm’s stock in a transaction dated Friday, September 8th. The stock was acquired at an average cost of GBX 320 ($4.21) per share, for a total transaction of £32,000 ($42,088.65).

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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