Marks and Spencer (MKS.L) 21-04-20
Will Marks and Spencer (MKS.L) shares break below the 95p support zone, or will it return to highs of 229p (+145%)?
- Currently trading around the 95p support at 93.17p (at time of writing).
- The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
- Highs of 229p have been seen in the recent past. Will we see this again? (+145%)
- Shares -66% from 12-month highs; +1% from 12 month lows.
Latest News
20 Apr: Goldman Sachs reiterates its buy rating on Marks & Spencer Group (MKS) and reduced the target price to 140p (from 150p).
17 Apr: Peel Hunt reiterates its hold rating on Marks & Spencer Group (MKS) and reduced the target price to 125p (from 200p).
15 Apr: Citigroup has downgraded its rating on Marks & Spencer Group (MKS) to neutral (from buy) and reduced the target price to 120p (from 265p).
01 Apr: Goldman Sachs reiterates its buy rating on Marks & Spencer Group (MKS) and reduced the target price to 150p (from 170p).
23 Mar: Barclays Capital reiterates its overweight rating on Marks & Spencer Group (MKS) and reduced the target price to 175p (from 250p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires