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Marks & Spencer Group Plc said it's in the strongest financial health since 1997 as the British retailer's latest turnaround finally gains ground.
The clothing and food group made a pre-tax profit of $857 million last year, after 12 consecutive quarters of sales growth.
In his latest research note, analyst Frederick Wild confirms his positive recommendation. The broker Jefferies is keeping its Buy rating. The target price remains unchanged at EUR 65.
Frederick Wild from Jefferies retains his positive opinion on the stock with a Buy rating. The target price remains set at EUR 65.
In a research note published by Frederick Wild, Jefferies advises its customers to buy the stock. The target price is unchanged at EUR 80.