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Marks and Spencer Group Plc 10.1% Potential Decrease Indicated by Credit Suisse

Marks and Spencer Group Plc with EPIC/TICKER (LON:MKS) had its stock rating noted as ‘Downgrades’ 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 250 GBX on its stock. This would indicate that the analyst believes there is a downside of -10.1% from the opening price of 278 GBX. Over the last 30 and 90 trading days the company share price has increased 8.9 points and increased 3.3 points respectively. The 1 year high stock price is 316.6 GBX while the 52 week low is 240 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 284.12 GBX and a 200 Day Moving Average share price is recorded at 291.52. There are currently 1,625,000,230 shares in issue with the average daily volume traded being 7,585,726. Market capitalisation for LON:MKS is £4,476,875,000 GBP.