Marks and Spencer Group Plc 1.1% Potential Decrease Indicated by RBC Capital Markets

Broker Ratings
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Marks and Spencer Group Plc using EPIC/TICKER code (LON:MKS) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SECTOR PERFORMER’ this morning by analysts at RBC Capital Markets. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. RBC Capital Markets have set their target price at 280 GBX on its stock. This would imply the analyst believes there is a potential downside of -1.1% from today’s opening price of 283.2 GBX. Over the last 30 and 90 trading days the company share price has increased 8.9 points and decreased 1.8 points respectively. The 1 year high for the share price is 316.6 GBX while the 52 week low for the stock is 240 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 283.04 GBX and a 200 day moving average of 290.88. There are currently 1,625,000,230 shares in issue with the average daily volume traded being 6,374,055. Market capitalisation for LON:MKS is £4,611,749,801 GBP.

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