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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 consists of 2,056,941,609 ordinary shares with voting rights, and currently holds no shares in Treasury. This information is crucial for shareholders as it serves as the denominator for calculating their interest in the company, in compliance with the FCA’s Disclosure and Transparency Rules.
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 Neutral.
The overall score of 67 reflects strong financial performance, supported by robust revenue growth and cash flow management. However, the stock faces challenges with pressured profitability and a bearish technical outlook. Positive corporate events provide some support by enhancing investor confidence.
To see Spark’s full report on GB:MKS stock, click here.
More about Marks and Spencer
Marks and Spencer Group PLC is a major British multinational retailer, known for offering a wide range of products including clothing, home products, and food items. The company primarily operates in the retail industry, focusing on delivering quality and value to its customers across various market segments.
Average Trading Volume: 9,905,776
Technical Sentiment Signal: Buy
Current Market Cap: £7.02B
For detailed information about MKS stock, go to TipRanks’ Stock Analysis page.