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Marks and Spencer Directors Increase Shareholdings

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Marks and Spencer Directors Increase Shareholdings

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Marks and Spencer ( (GB:MKS) ) just unveiled an update.

Marks and Spencer Group PLC announced that directors and persons discharging managerial responsibilities have acquired additional shares through the company’s all-employee Share Incentive Plan. This transaction, involving Operations Director S Berendji and Managing Director of Food A Freudmann, reflects ongoing confidence in the company’s performance and future prospects, potentially strengthening stakeholder trust and aligning management interests with shareholder value.

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 overall stock score is driven primarily by strong financial performance, with robust revenue growth and healthy cash flow metrics. Technical analysis shows positive short-term momentum, though longer-term resistance is present. Valuation metrics suggest moderate pricing, with a relatively low dividend yield. The absence of earnings call and corporate events data did not impact the score.

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 headquartered in London, known for its high-quality clothing, home products, and food offerings. The company operates in the retail industry with a focus on providing premium products and services to its customers.

Average Trading Volume: 8,303,683

Technical Sentiment Signal: Strong Buy

Current Market Cap: £7.23B

See more insights into MKS stock on TipRanks’ Stock Analysis page.

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