Deutsche Bank reissued their hold rating on shares of Marks and Spencer Group (LON:MKS) in a research note released on Wednesday morning.

A number of other research analysts have also weighed in on the stock. JPMorgan Chase & Co. reaffirmed an underweight rating and issued a GBX 285 ($4.00) price target on shares of Marks and Spencer Group in a research note on Tuesday, October 31st. Barclays reaffirmed an overweight rating and issued a GBX 370 ($5.19) price target on shares of Marks and Spencer Group in a research note on Thursday, November 9th. Investec reaffirmed a sell rating and issued a GBX 270 ($3.79) price target on shares of Marks and Spencer Group in a research note on Thursday, January 11th. Jefferies Group reaffirmed a buy rating and issued a GBX 370 ($5.19) price target on shares of Marks and Spencer Group in a research note on Tuesday, January 2nd. Finally, Peel Hunt reaffirmed a buy rating and issued a GBX 450 ($6.31) price target on shares of Marks and Spencer Group in a research note on Tuesday, December 5th. Ten research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of GBX 333.30 ($4.67).

Marks and Spencer Group (LON:MKS) opened at GBX 286.10 ($4.01) on Wednesday. Marks and Spencer Group has a one year low of GBX 282 ($3.95) and a one year high of GBX 397.80 ($5.58). The firm has a market cap of $4,650.00 and a P/E ratio of 2,600.91.

Marks and Spencer Group (LON:MKS) last announced its quarterly earnings results on Wednesday, November 8th. The retailer reported GBX 10.70 ($0.15) earnings per share for the quarter, beating the Zacks’ consensus estimate of GBX 9.60 ($0.13) by GBX 1.10 ($0.02). Marks and Spencer Group had a net margin of 1.65% and a return on equity of 5.62%. The firm had revenue of GBX 512.56 billion for the quarter.

In other news, insider Archie Norman bought 33,000 shares of the stock in a transaction that occurred on Wednesday, November 22nd. The shares were acquired at an average cost of GBX 300 ($4.21) per share, for a total transaction of £99,000 ($138,810.99).

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About Marks and Spencer Group

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 (LON:MKS)

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