Marks and Spencer Group Plc with ticker (LON:MKS) now has a potential upside of 22.5% according to Jefferies.
Jefferies set a target price of 310 GBX for the company, which when compared to the Marks and Spencer Group Plc share price of 253 GBX at opening today (03/05/2024) indicates a potential upside of 22.5%. Trading has ranged between 157 (52 week low) and 293 (52 week high) with an average of 8,164,019 shares exchanging hands daily. The market capitalisation at the time of writing is £5,238,325,658.
Marks and Spencer Group P.L.C. is a United Kingdom-based holding company. The Company is engaged in clothing and home and food company. The Company operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All other segments. UK Clothing & Home segment comprises the retailing of women’s wear, menswear, lingerie, kids’ wear and home products through UK retail stores and online. UK Food segment includes the results of the United Kingdom retail food business, United Kingdom Food franchise operations and United Kingdom supply chain services, with the five main categories: protein deli and dairy; produce; ambient and in-store bakery; meals, dessert and frozen; and hospitality and Food on the Move; and direct sales to Ocado Retail Limited. International segment consists of Marks and Spencer owned businesses in Europe and Asia and the international franchise operations. Ocado segment is engaged in the investment in Ocado Retail Limited.
Marks and Spencer Group Plc 22.5% potential upside indicated by Jefferies
- Written by: Charlotte Edwards
Latest Company News
Marks & Spencer reported a 23.8% decline in adjusted profit before tax to £671.4m, as disruption from a cyber incident weighed on Fashion, Home & Beauty. Food sales rose 7.0%, while the group maintained transformation investment and increased its full-year dividend to 4.2p.
Marks & Spencer shows improving momentum and recovery potential, according to Shore Capital, with stronger Food sales and optimistic FY27 outlook.
Marks and Spencer Group plc announced its interim results for the 26 weeks ended 27 September 2025, highlighting continued sales growth and improved profitability across both Food and Clothing & Home divisions.
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Marks and Spencer Group Plc reports robust growth for the year ending March 2025, highlighting a 22.2% rise in profit before tax and a commitment to future expansion.
Marks and Spencer Group Plc reports strong festive trading for Q3 2024, with notable sales growth in Food, Clothing, Home & Beauty despite challenges.
