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Marks and Spencer Sets 2025 PSP Award Targets Amid Cyber Incident Delays

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Marks and Spencer Sets 2025 PSP Award Targets Amid Cyber Incident Delays

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Marks and Spencer ( (GB:MKS) ) has provided an announcement.

Marks and Spencer Group PLC announced the targets for its 2025 Performance Share Plan (PSP) awards, which were delayed due to a cyber incident. The PSP aims to create sustainable value and align with shareholder interests, with awards vesting in 2028 and being held until 2030. The performance targets include adjusted EPS, ROCE, and relative TSR, with strategic measures remaining undisclosed due to commercial sensitivity. This announcement reflects the company’s commitment to long-term growth and shareholder value, despite recent challenges.

The most recent analyst rating on (GB:MKS) stock is a Hold with a £353.00 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 positive corporate events. However, the high P/E ratio and bearish technical indicators weigh down the score. The earnings call provided a mixed outlook with growth in certain areas but challenges in others. The company’s strategic initiatives and insider confidence are positive, but valuation concerns and technical weakness are significant risks.

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 player in the retail industry, primarily offering clothing, home products, and food services. The company focuses on delivering quality products and services, with a strong emphasis on sustainable practices and shareholder alignment.

Average Trading Volume: 8,670,862

Technical Sentiment Signal: Sell

Current Market Cap: £6.47B

Find detailed analytics on MKS stock on TipRanks’ Stock Analysis page.

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