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Marks and Spencer Group Plc 4.6% Potential Upside Indicated by RBC Capital Markets

Marks and Spencer Group Plc using EPIC/TICKER code (LON:MKS) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘SECTOR PERFORMER’ this morning by analysts at RBC Capital Markets. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. RBC Capital Markets have set a target price of 320 GBX on its stock. This would imply the analyst believes there is now a potential upside of 4.6% from the opening price of 306 GBX. Over the last 30 and 90 trading days the company share price has increased 10.8 points and increased 3.4 points respectively. The 1 year high share price is 328.8 GBX while the 52 week low is 262 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 296.31 GBX and a 200 Day Moving Average share price is recorded at 295.62. There are currently 1,624,892,103 shares in issue with the average daily volume traded being 10,692,967. Market capitalisation for LON:MKS is £5,066,869,379 GBP.