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Marks and Spencer Group Plc 8% Potential Upside Indicated by Barclays Capital

Marks and Spencer Group Plc with EPIC/TICKER (LON:MKS) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Marks and Spencer Group Plc are listed in the Consumer Services sector within UK Main Market. Barclays Capital have set a target price of 290 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 8.0% from today’s opening price of 268.4 GBX. Over the last 30 and 90 trading days the company share price has increased 28.82 points and increased 9.5 points respectively. The 1 year high for the stock price is 316.6 GBX while the 52 week low is 240 GBX.

Marks and Spencer Group Plc has a 50 day moving average of 247.89 GBX and a 200 day moving average of 267.77. There are currently 1,624,990,863 shares in issue with the average daily volume traded being 8,960,953. Market capitalisation for LON:MKS is £4,392,347,771 GBP.