Marks and Spencer Group's fair value estimate has been revised up to £4.31 from £4.27, reflecting mixed analyst price targets that range from about £3.90 to the high £4.30s and £4.40 area. Morgan Stanley initiated coverage with an Overweight rating and a £4.39 price target, while Bernstein started with an Outperform rating and a £4.40 target. In contrast, Citi lowered its price target to £3.90 from £4.10, highlighting ongoing debate around execution and the recovery story. The fair value update incorporates a revenue growth assumption of 6.31%, a net profit margin of 3.62%, a future P/E multiple of 15.28x, and a discount rate of 7.89%.
Marks and Spencer Group PLCFair value estimate raised to £4.31, with multiple analyst upgrades (Morgan Stanley Overweight, Bernstein Outperform) and positive price targets.
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