Marks and Spencer Group Plc 29.7% Potential Upside Indicated by Barclays Capital

Broker Ratings
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Marks and Spencer Group Plc with EPIC/TICKER (LON:MKS) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. Barclays Capital have set a target price of 320 GBX on its stock. This is indicating the analyst believes there is a potential upside of 29.7% from the opening price of 246.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 36.1 points and decreased 45 points respectively. The 1 year high share price is 316.6 GBX while the 52 week low is 239.8 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 279.87 GBX and a 200 day moving average of 287.37. There are currently 1,000,000,000 shares in issue with the average daily volume traded being 5,912,343. Market capitalisation for LON:MKS is £3,900,050,400 GBP.

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