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Marks and Spencer ( (GB:MKS) ) has provided an update.
Marks and Spencer Group PLC has provided an update on a cyber incident initially reported in April 2025. The company has engaged cybersecurity experts and informed authorities to manage the situation. While some customer data was accessed, it did not include payment details or passwords. Customers are advised to reset their passwords for added security, although no immediate action is necessary. The company appreciates the support from its stakeholders during this challenging time.
The most recent analyst rating on (GB:MKS) stock is a Buy with a £325.00 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 demonstrates a strong overall performance, driven primarily by robust financial growth and stable market momentum. While technical indicators and valuation reveal a well-positioned stock in the market, recent corporate events, particularly the cyber incident, introduce some risks. Nonetheless, the acquisition of shares by directors indicates confidence in long-term growth, balancing the risk-reward profile.
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 a wide range of products including clothing, home products, and luxury food items. The company is a significant player in the retail industry, focusing on quality and innovation to meet the needs of its diverse customer base.
Average Trading Volume: 8,608,480
Technical Sentiment Signal: Buy
Current Market Cap: £7.01B
For a thorough assessment of MKS stock, go to TipRanks’ Stock Analysis page.