Marks and Spencer Group Plc 4.4% Potential Decrease Indicated by Exane BNP Paribas

Broker Ratings
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Marks and Spencer Group Plc using EPIC/TICKER code (LON:MKS) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Exane BNP Paribas. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. Exane BNP Paribas have set their target price at 160 GBX on its stock. This indicates the analyst believes there is a potential downside of -4.4% from today’s opening price of 167.35 GBX. Over the last 30 and 90 trading days the company share price has decreased 16.95 points and decreased 33.05 points respectively. The 1 year high stock price is 278.03 GBX while the 52 week low for the share price is 158.65 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 195.20 GBX and the 200 Day Moving Average price is recorded at 200.59. There are currently 1,950,059,808 shares in issue with the average daily volume traded being 8,112,789. Market capitalisation for LON:MKS is £3,104,493,868 GBP.

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