Marks and Spencer Group Plc Receives Underperform Rating from Sanford C. Bernstein (MKS)

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Marks and Spencer Group Plc (LON:MKS)‘s stock had its “underperform” rating restated by stock analysts at Sanford C. Bernstein in a report issued on Friday. They currently have a GBX 400 ($6.69) price objective on the stock. Sanford C. Bernstein’s target price points to a potential downside of 8.53% from the company’s current price.

A number of other firms have also recently commented on MKS. Analysts at Barclays reiterated an “underweight” rating on shares of Marks and Spencer Group Plc in a research note on Friday. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Marks and Spencer Group Plc in a research note on Tuesday, August 12th. They now have a GBX 540 ($9.03) price target on the stock. Six investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 479.26 ($8.01).

Marks and Spencer Group Plc (LON:MKS) opened at 436.91 on Friday. Marks and Spencer Group Plc has a 1-year low of GBX 359.20 and a 1-year high of GBX 520.50. The stock has a 50-day moving average of GBX 431.2 and a 200-day moving average of GBX 451.2. The company’s market cap is £7.120 billion.

Marks and Spencer Group plc is a United Kingdom retailer. The Company is the holding company of the Marks & Spencer Group of companies.

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