Marks and Spencer Group Plc 56.3% Potential Upside Indicated by Jefferies International

Broker Ratings
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Marks and Spencer Group Plc with EPIC/TICKER (LON:MKS) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at Jefferies International. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. Jefferies International have set a target price of 160 GBX on its stock. This is indicating the analyst believes there is a potential upside of 56.3% from today’s opening price of 102.35 GBX. Over the last 30 and 90 trading days the company share price has increased 11.69 points and decreased 60.5 points respectively. The 1 year high for the share price is 236.5 GBX while the year low share price is currently 73.9 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 100.71 GBX and a 200 day moving average of 166.92. There are currently 1,950,059,808 shares in issue with the average daily volume traded being 27,741,366. Market capitalisation for LON:MKS is £2,039,762,730 GBP.

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