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The latest update is out from Marks and Spencer ( (GB:MKS) ).
Marks and Spencer Group PLC announced that its capital consists of 2,057,125,306 ordinary shares with voting rights, and it currently holds no shares in Treasury. This information is essential for shareholders to calculate their interests in the company as per the FCA’s Disclosure and Transparency Rules, impacting how they manage their investments and comply with regulatory requirements.
The most recent analyst rating on (GB:MKS) stock is a Hold with a £360.00 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.
Marks and Spencer’s overall stock score is driven by strong financial performance and strategic investments, but is weighed down by negative technical indicators and high valuation metrics. The earnings call provided a mixed outlook with growth in certain areas but significant challenges in others. The stock appears overvalued with bearish technical signals, suggesting caution for potential investors.
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 selling clothing, home products, and food items. The company operates in the retail industry, focusing on providing high-quality products to a broad customer base.
Average Trading Volume: 7,922,752
Technical Sentiment Signal: Buy
Current Market Cap: £7.01B
See more data about MKS stock on TipRanks’ Stock Analysis page.