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Marks and Spencer ( (GB:MKS) ) has provided an announcement.
Marks and Spencer Group PLC announced that its capital consists of 2,057,101,623 ordinary shares with voting rights, with no shares held in Treasury. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure and Transparency Rules, impacting how they manage their interests in the company.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £397.00 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 score is primarily driven by strong financial performance, particularly in revenue growth and cash flow management. Technical analysis shows bullish momentum, though overbought indicators suggest caution. The valuation is less favorable due to a high P/E ratio and modest dividend yield.
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 its high-quality clothing, home products, and food items. The company primarily operates in the retail industry, focusing on delivering premium products to a diverse customer base across various markets.
Average Trading Volume: 6,972,819
Technical Sentiment Signal: Strong Buy
Current Market Cap: £8.02B
Find detailed analytics on MKS stock on TipRanks’ Stock Analysis page.