Morgan Stanley upgrades Marks & Spencer to 'overweight' with a price target of GBP2.80

  • Investing.com
Morgan Stanley upgrades Marks & Spencer to 'overweight' with a price target of GBP2.80

An analyst from Morgan Stanley upgraded Marks & Spencer (LON: MKS ) from 'equalweight' to 'overweight' with a price target of GBP2.80 from a prior price target of %currency%%price%.

Prior to this rating, Marks & Spencer had 6 buy ratings, 12 hold ratings, and 2 sell ratings.

For consensus analyst estimates and price targets on Marks & Spencer, click here. For more news on Marks & Spencer, click here.

Marks & Spencer's stock price closed at $222.70. They are up 0.5% in the last month and up 85.27% in the last 12 months.

According to Investing Pro, Marks & Spencer's fair value is $3.30, a downside of -48.50%. Marks & Spencer's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Marks & Spencer's recent earnings performance and financials here.

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