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Marks and Spencer Group Plc 6.1% Potential Upside Indicated by Deutsche Bank

Marks and Spencer Group Plc using EPIC/TICKER code (LON:MKS) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Deutsche Bank. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. Deutsche Bank have set their target price at 325 GBX on its stock. This now indicates the analyst believes there is a possible upside of 6.1% from today’s opening price of 306.4 GBX. Over the last 30 and 90 trading days the company share price has increased 26.8 points and increased 8.8 points respectively. The 1 year high stock price is 397.8 GBX while the 52 week low is 262 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 283.16 GBX and the 200 Day Moving Average price is recorded at 311.05. There are currently 1,624,763,441 shares in issue with the average daily volume traded being 12,058,707. Market capitalisation for LON:MKS is £4,862,916,781 GBP.