Marks and Spencer Group Plc with EPIC/TICKER (LON:MKS) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘SELL’ this morning by analysts at Goldman Sachs. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set their target price at 170 GBX on its stock. This now indicates the analyst believes there is a potential downside of -10.9% from today’s opening price of 190.8 GBX. Over the last 30 and 90 trading days the company share price has increased 0.15 points and decreased 39.2 points respectively. The 52 week high for the stock is 301.27 GBX while the year low stock price is currently 179.7 GBX.
Marks and Spencer Group Plc has a 50 day moving average of 202.55 GBX and a 200 Day Moving Average share price is recorded at 247.21. There are currently 112,685,603 shares in issue with the average daily volume traded being 7,043,954. Market capitalisation for LON:MKS is £3,631,009,798 GBP.
