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Marks and Spencer Group Plc 22.3% Potential Upside Indicated by Jefferies International

Marks and Spencer Group Plc with EPIC/TICKER (LON:MKS) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. Jefferies International have set a target price of 310 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 22.3% from the opening price of 253.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 34 points and decreased 29.6 points respectively. The 1 year high for the share price is 327.5 GBX while the 52 week low is 240 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 288.47 GBX and a 200 Day Moving Average share price is recorded at 294.26. There are currently 1,624,927,116 shares in issue with the average daily volume traded being 10,503,945. Market capitalisation for LON:MKS is £4,096,441,066 GBP.