Marks and Spencer Group Plc’s Stock Is Buy After Today’s Huge Increase

 Marks and Spencer Group Plc's Stock Is Buy After Today's Huge Increase

The stock of Marks and Spencer Group Plc (LON:MKS) is a huge mover today! The stock increased 2.72% or GBX 8.61 on November 11, hitting GBX 325.41. About 17.38M shares traded hands or 66.00% up from the average. Marks and Spencer Group Plc (LON:MKS) has declined 26.07% since April 15, 2016 and is downtrending. It has underperformed by 32.22% the S&P500.
The move comes after 8 months positive chart setup for the GBX 5.13 billion company. It was reported on Nov, 11 by Barchart.com. We have GBX 530.42 PT which if reached, will make LON:MKS worth GBX 3.23 billion more.

Marks and Spencer Group Plc (LON:MKS) Ratings Coverage

Out of 32 analysts covering Marks Spencer Group PLC (LON:MKS), 10 rate it a “Buy”, 12 “Sell”, while 10 “Hold”. This means 31% are positive. Marks Spencer Group PLC has been the topic of 233 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Liberum Capital maintained Marks and Spencer Group Plc (LON:MKS) rating on Thursday, May 5. Liberum Capital has “Sell” rating and GBX 350 price target. The stock of Marks and Spencer Group Plc (LON:MKS) has “Market Perform” rating given on Friday, December 4 by Bernstein. RBC Capital Markets maintained Marks and Spencer Group Plc (LON:MKS) on Monday, January 18 with “Outperform” rating. On Thursday, June 2 the stock rating was maintained by Deutsche Bank with “Buy”. Bernstein maintained Marks and Spencer Group Plc (LON:MKS) rating on Monday, October 26. Bernstein has “Market Perform” rating and GBX 535 price target. The stock has “Underweight” rating given by Santander on Tuesday, January 19. Bernstein maintained Marks and Spencer Group Plc (LON:MKS) rating on Monday, September 7. Bernstein has “Market Perform” rating and GBX 535 price target. The stock of Marks and Spencer Group Plc (LON:MKS) earned “Sell” rating by Cantor Fitzgerald on Thursday, April 7. Credit Suisse maintained the stock with “Underperform” rating in Thursday, November 5 report. The stock has “Sell” rating given by Cantor Fitzgerald on Tuesday, November 8.

More recent Marks and Spencer Group Plc (LON:MKS) news were published by: Wsj.com which released: “Marks & Spencer Plans Store Closures After Profit Drops” on November 08, 2016. Also Fool.Co.Uk published the news titled: “Should you sell Marks and Spencer Group plc and buy into this other British …” on September 30, 2016. Fool.Co.Uk‘s news article titled: “Do 6%+ yields from SSE plc, Marks and Spencer Group plc and Carillion plc …” with publication date: June 27, 2016 was also an interesting one.

Marks and Spencer Group plc is a retailer in the United Kingdom, with over 1,380 stores around the world. The company has a market cap of 5.13 billion GBP. The Firm is the holding firm of the Marks & Spencer Group of companies. It has a 21.13 P/E ratio. The Firm operates through two divisions: UK and International.

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