Home » Reports » Broker Ratings » Marks and Spencer Group Plc 13.4% Potential Decrease Indicated by JP Morgan Cazenove

Marks and Spencer Group Plc 13.4% Potential Decrease Indicated by JP Morgan Cazenove

Marks and Spencer Group Plc using EPIC/TICKER code (LON:MKS) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set their target price at 250 GBX on its stock. This now indicates the analyst believes there is a potential downside of -13.4% from the opening price of 288.8 GBX. Over the last 30 and 90 trading days the company share price has increased 46.4 points and increased 5.3 points respectively. The 1 year high for the share price is 316.6 GBX while the 52 week low for the stock is 240 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 281.44 GBX and the 200 Day Moving Average price is recorded at 294.62. There are currently 1,624,927,116 shares in issue with the average daily volume traded being 8,427,276. Market capitalisation for LON:MKS is £4,751,286,448 GBP.