Deutsche Bank AG reiterated their hold rating on shares of Marks and Spencer Group Plc (LON:MKS) in a research note published on Wednesday. Deutsche Bank AG currently has a GBX 360 ($4.69) price target on the retailer’s stock.

Several other brokerages have also commented on MKS. Barclays PLC upped their price objective on shares of Marks and Spencer Group Plc from GBX 410 ($5.34) to GBX 425 ($5.54) and gave the stock an overweight rating in a report on Thursday, May 25th. Goldman Sachs Group, Inc. (The) reiterated a sell rating and set a GBX 375 ($4.89) target price on shares of Marks and Spencer Group Plc in a report on Thursday, May 25th. Canaccord Genuity increased their target price on shares of Marks and Spencer Group Plc from GBX 315 ($4.10) to GBX 375 ($4.89) and gave the stock a hold rating in a report on Thursday, May 25th. Numis Securities Ltd reiterated a reduce rating and set a GBX 320 ($4.17) target price on shares of Marks and Spencer Group Plc in a report on Thursday, May 25th. Finally, HSBC Holdings plc reiterated a buy rating and set a GBX 435 ($5.67) target price on shares of Marks and Spencer Group Plc in a report on Friday, May 26th. Nine equities research analysts have rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 369.91 ($4.82).

Marks and Spencer Group Plc (MKS) opened at 323.40 on Wednesday. The stock’s market capitalization is GBX 5.25 billion. The company’s 50-day moving average is GBX 337.43 and its 200 day moving average is GBX 346.42. Marks and Spencer Group Plc has a one year low of GBX 307.00 and a one year high of GBX 397.80.

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The firm also recently declared a dividend, which was paid on Friday, July 14th. Investors of record on Thursday, June 1st were paid a dividend of GBX 11.90 ($0.16) per share. The ex-dividend date was Thursday, June 1st. This represents a yield of 3.07%. This is a boost from Marks and Spencer Group Plc’s previous dividend of $6.80.

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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