Marks and Spencer Group (MKS) Stock Forecast & Price Target

GBX 325.70

+2.40 (+0.74%)

(As of 07/26/2024 ET)

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Marks and Spencer Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for Marks and Spencer Group in the last 12 months, the stock has a consensus rating of "Buy." Out of the 6 analysts, 6 have given a buy rating for MKS.

Consensus Price Target

GBX 322.50

High Forecast	GBX 360
Average Forecast	GBX 322.50
Low Forecast	GBX 300

According to the 6 analysts' twelve-month price targets for Marks and Spencer Group, the average price target is GBX 322.50. The highest price target for MKS is GBX 360, while the lowest price target for MKS is GBX 300. The average price target represents a forecasted downside of -0.98% from the current price of GBX 325.70.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Buy	Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)	3 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	GBX 322.50	GBX 322.50	GBX 290.83	GBX 175

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MKS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MKS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Marks and Spencer Group Stock vs. The Competition

Type	Marks and Spencer Group	Consumer Cyclical Companies
Consensus Rating Score	3.00	2.50
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
6/28/2024	JPMorgan Chase & Co. 3 of 5 stars	Reiterated Rating	Overweight
6/28/2024	Deutsche Bank Aktiengesellschaft 2 of 5 stars	Reiterated Rating	Buy	GBX 350	+19.62%
5/30/2024	Shore Capital 1 of 5 stars	Reiterated Rating	House Stock
5/15/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight	GBX 315	+14.21%
4/22/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Buy	GBX 310	+20.81%
2/6/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight	GBX 300	+22.45%
Get the Latest News and Ratings for MKS and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Marks and Spencer Group and its competitors with MarketBeat's FREE daily newsletter.
9/29/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Buy	GBX 197 ➝ GBX 300	+26.53%
5/25/2023	Numis Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold	GBX 195	+8.67%
3/22/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Buy	GBX 175	+13.87%
3/22/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:05 AM ET.

MKS Forecast - Frequently Asked Questions

What is Marks and Spencer Group's forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Marks and Spencer Group is GBX 322.50, with a high forecast of GBX 360 and a low forecast of GBX 300.
Should I buy or sell Marks and Spencer Group stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Marks and Spencer Group in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MKS shares.
Does Marks and Spencer Group's stock price have much upside?: According to analysts, Marks and Spencer Group's stock has a predicted upside of 22.11% based on their 12-month stock forecasts.
What analysts cover Marks and Spencer Group?: Marks and Spencer Group has been rated by research analysts at Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Royal Bank of Canada, and Shore Capital in the past 90 days.
Do Wall Street analysts like Marks and Spencer Group more than its competitors?: Analysts like Marks and Spencer Group more than other "consumer cyclical" companies. The consensus rating for Marks and Spencer Group is Buy while the average consensus rating for "consumer cyclical" companies is Moderate Buy. Learn more on how MKS compares to other companies.