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An update from Marks and Spencer ( (GB:MKS) ) is now available.
Marks and Spencer Group PLC has announced that its capital structure consists of 2,056,392,699 ordinary shares with voting rights, and it currently holds no shares in Treasury. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure and Transparency Rules, reflecting the company’s commitment to transparency and regulatory compliance.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £400.00 price target. To see the full list of analyst forecasts on Marks and Spencer stock, see the GB:MKS Stock Forecast page.
Spark’s Take on GB:MKS Stock
According to Spark, TipRanks’ AI Analyst, GB:MKS is a Outperform.
Marks and Spencer’s stock demonstrates a strong overall performance, driven primarily by robust financial growth and stable market momentum. While technical indicators and valuation reveal a well-positioned stock in the market, recent corporate events, particularly the cyber incident, introduce some risks. Nonetheless, the acquisition of shares by directors indicates confidence in long-term growth, balancing the risk-reward profile.
To see Spark’s full report on GB:MKS stock, click here.
More about Marks and Spencer
Marks and Spencer Group PLC operates in the retail industry, primarily offering clothing, home products, and food items. The company is known for its focus on quality and sustainability, catering to a broad market segment with a strong presence in the UK and expanding international operations.
Average Trading Volume: 9,672,947
Technical Sentiment Signal: Buy
Current Market Cap: £7.2B
For a thorough assessment of MKS stock, go to TipRanks’ Stock Analysis page.