Citi has updated its price target for Marks & Spencer (MAKSY, Financial), increasing it to 380 GBp from the previous 370 GBp. Despite this adjustment, Citi maintains a Neutral rating on the company's shares. This decision reflects the investment firm's ongoing analysis and market considerations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Marks & Spencer Group PLC (MAKSY, Financial) is $11.50 with a high estimate of $11.90 and a low estimate of $11.10. The average target implies an upside of 10.68% from the current price of $10.39. More detailed estimate data can be found on the Marks & Spencer Group PLC (MAKSY) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Marks & Spencer Group PLC's (MAKSY, Financial) average brokerage recommendation is currently 1.5, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Marks & Spencer Group PLC (MAKSY, Financial) in one year is $6.31, suggesting a downside of 39.27% from the current price of $10.39. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Marks & Spencer Group PLC (MAKSY) Summary page.
