Marks and Spencer Group Plc 11% Potential Upside Indicated by Citigroup

Broker Ratings

Marks and Spencer Group Plc using EPIC/TICKER code (LON:MKS) has had its stock rating noted as ‘Reiteration’ with the recommendation being set at ‘BUY’ today by analysts at Citigroup. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. Citigroup have set a target price of 120 GBX on its stock. This is indicating the analyst believes there is a potential upside of 11.0% from today’s opening price of 108.15 GBX. Over the last 30 and 90 trading days the company share price has increased 9.93 points and increased 1.05 points respectively. The 1 year high for the stock price is 236.5 GBX while the year low stock price is currently 73.9 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 105.00 GBX and the 200 Day Moving Average price is recorded at 138.04. There are currently 202,285,632 shares in issue with the average daily volume traded being 10,272,744. Market capitalisation for LON:MKS is £2,149,702,453 GBP.

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