Marks and Spencer Group Plc 6% Potential Decrease Indicated by Credit Suisse

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 ‘UNDERPERFORM’ this morning by analysts at Credit Suisse. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set a target price of 232 GBX on its stock. This would imply the analyst believes there is a potential downside of -6.0% 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 52 week high for the share price is currently at 316.6 GBX while the year low stock price is currently 239.8 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 279.87 GBX and a 200 Day Moving Average share price is recorded at 287.37. There are currently 1,625,021,095 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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