Marks and Spencer Group plc (LON:MKS)’s share price traded down 0% during mid-day trading on Tuesday . The company traded as low as GBX 301.50 ($3.97) and last traded at GBX 299.90 ($3.94). 7,705,619 shares traded hands during mid-day trading, a decline of 12% from the average session volume of 8,800,000 shares. The stock had previously closed at GBX 299.90 ($3.94).

A number of equities analysts recently issued reports on the company. Canaccord Genuity Group Inc. reiterated a “hold” rating and issued a GBX 375 ($4.93) target price on shares of Marks and Spencer Group plc in a report on Wednesday, November 8th. Credit Suisse Group reiterated a “neutral” rating and issued a GBX 370 ($4.87) target price on shares of Marks and Spencer Group plc in a report on Tuesday, September 19th. Deutsche Bank AG reiterated a “hold” rating and issued a GBX 345 ($4.54) target price on shares of Marks and Spencer Group plc in a report on Wednesday, September 20th. Barclays PLC cut their target price on Marks and Spencer Group plc from GBX 425 ($5.59) to GBX 370 ($4.87) and set an “overweight” rating on the stock in a report on Friday, September 1st. Finally, cut their target price on Marks and Spencer Group plc from GBX 435 ($5.72) to GBX 410 ($5.39) and set a “buy” rating on the stock in a report on Tuesday, November 7th. Nine investment analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company. Marks and Spencer Group plc presently has a consensus rating of “Hold” and an average target price of GBX 354.26 ($4.66).

Marks and Spencer Group plc (LON:MKS) last released its quarterly earnings results on Wednesday, November 8th. The retailer reported GBX 10.70 ($0.14) 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 during the quarter. Marks and Spencer Group plc had a return on equity of 5.62% and a net margin of 1.65%.

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

In other Marks and Spencer Group plc news, insider Archie Norman bought 33,000 shares of the firm’s stock in a transaction dated Wednesday, November 22nd. The stock was purchased at an average cost of GBX 300 ($3.95) per share, with a total value of £99,000 ($130,211.76).

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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.

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