Marks and Spencer Group Plc 42.9% Potential Upside Indicated by Barclays Capital

Broker Ratings
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Marks and Spencer Group Plc using EPIC/TICKER code (LON:MKS) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning 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 their target price at 140 GBX on its stock. This now indicates the analyst believes there is a possible upside of 42.9% from today’s opening price of 98 GBX. Over the last 30 and 90 trading days the company share price has decreased 10 points and decreased 1.58 points respectively. The 52 week high share price is 236.5 GBX while the 52 week low is 73.9 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 103.78 GBX and the 200 Day Moving Average price is recorded at 153.60. There are currently 1,950,059,808 shares in issue with the average daily volume traded being 20,483,775. Market capitalisation for LON:MKS is £1,862,908,894 GBP.

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