JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Marks and Spencer Group (LON:MKS – Free Report) in a research report sent to investors on Friday morning, MarketBeat Ratings reports.
MKS has been the topic of a number of other reports. Royal Bank of Canada reissued an overweight rating and issued a GBX 315 ($4.00) price target on shares of Marks and Spencer Group in a report on Wednesday, May 15th. Jefferies Financial Group raised shares of Marks and Spencer Group to a buy rating and set a GBX 310 ($3.93) price target for the company in a report on Monday, April 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a buy rating and issued a GBX 350 ($4.44) price target on shares of Marks and Spencer Group in a report on Friday. Finally, Shore Capital reissued a house stock rating on shares of Marks and Spencer Group in a research note on Thursday, May 30th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of Buy and a consensus price target of GBX 322.50 ($4.09).
View Our Latest Analysis on Marks and Spencer Group
Marks and Spencer Group Stock Performance
Marks and Spencer Group Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, May 30th will be given a dividend of GBX 2 ($0.03) per share. The ex-dividend date is Thursday, May 30th. This is a positive change from Marks and Spencer Group’s previous dividend of $1.00. This represents a dividend yield of 0.73%. Marks and Spencer Group’s dividend payout ratio is 1,428.57%.
Marks and Spencer Group Company Profile
Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.
See Also
- Five stocks we like better than Marks and Spencer Group
- How to Invest in Small Cap Stocks
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- Profitably Trade Stocks at 52-Week Highs
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for Marks and Spencer Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marks and Spencer Group and related companies with MarketBeat.com's FREE daily email newsletter.