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Marks and Spencer ( (GB:MKS) ) just unveiled an announcement.
Marks and Spencer Group PLC has announced the extension of Archie Norman’s tenure as Chairman to support the next phase of its ‘Reshaping for Growth’ strategy. This decision, supported by shareholders and the board, aims to provide stability and strong leadership as the company continues its transformation. The extension will last for three years from September 2026, subject to annual reviews, and will be presented for shareholder approval at the AGM.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £445.00 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 known for offering clothing, home products, and food items. The company is focused on reshaping its growth strategy to adapt to a rapidly changing business environment.
Average Trading Volume: 7,737,748
Technical Sentiment Signal: Strong Buy
Current Market Cap: £7.81B
For detailed information about MKS stock, go to TipRanks’ Stock Analysis page.