Marks and Spencer Group Plc 34.5% Potential Upside Indicated by Berenberg

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 ‘BUY’ this morning by analysts at Berenberg. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. Berenberg have set their target price at 125 GBX on its stock. This is indicating the analyst believes there is a potential upside of 34.5% from today’s opening price of 92.94 GBX. Over the last 30 and 90 trading days the company share price has increased 1.9 points and decreased 92.21 points respectively. The 1 year high for the stock price is 254.89 GBX while the 52 week low for the share price is 73.9 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 103.03 GBX and a 200 Day Moving Average share price is recorded at 170.86. There are currently 1,950,059,808 shares in issue with the average daily volume traded being 20,611,135. Market capitalisation for LON:MKS is £1,813,788,897 GBP.

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