Marks and Spencer stock falls as analysts trim targets
Published on 09/17/2026 at 23:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Marks and Spencer stock (ISIN GB0031215220) traded at 364.10 pence on September 17, 2026, after a 1.9 percent drop and a 10 percent gain over the year to date. As TradingView reported on September 17, 2026, Bernstein kept an outperform rating and a 440 pence target, while warning that profit expectations could be cut before first-half earnings on November 4.
Targets move lower
Goldman Sachs cut its price target to 470 pence from 490 pence and kept a buy rating, according to interactive investor on September 17, 2026. On the same day, MarketBeat put the consensus target at 432.50 pence and the consensus rating at Moderate Buy, with 6 buy ratings, 2 hold ratings and no sell ratings.
The same MarketBeat page showed a market capitalization of GBP 7.46 billion, volume of 11.38 million shares and a 52-week range of 301.10 pence to 418.33 pence as of September 17, 2026. That places the stock 13.0 percent below the top of the range and 20.8 percent above the bottom.
Food strength, fashion drag
Interactive investor said on September 17, 2026 that Berenberg sees stronger free cash flow and scope for a fuller dividend reinstatement in the current financial year, while also looking for half-year results on November 4 that would show profits of GBP 394 million. The same note said food sales were up 21 percent versus 2024/25, while Fashion, Home and Beauty fell 26 percent.
That mix matters because it ties the market debate to execution rather than the brand alone. A stronger food business and a weaker clothing line can pull the valuation in opposite directions, which is why the current target range runs from 360 pence to 480 pence on MarketBeat.
Close to resistance
Teleborsa technical commentary on September 17, 2026 pointed to support at 3.589 pounds and resistance at 3.687 pounds, with an intraday reading of 3.616 pounds in its analysis. The stock therefore sits between those levels while traders weigh the target cuts and the next earnings date.
Marks and Spencer stock snapshot
- Company: Marks and Spencer Group plc
- ISIN: GB0031215220
- Ticker: MKS
- Trading venue: London Stock Exchange
- Price (as of September 17, 2026): 364.10 pence
- Market capitalization: GBP 7.46 billion (as of September 17, 2026)
- Sector / Industry: Consumer Staples / Consumer Staples Distribution & Retail
- Index membership: FTSE 100
- Next earnings date: November 4, 2026
November 4 in view
The next checkpoint is first-half earnings on November 4, 2026, which Bernstein highlighted in its September 17 note. For now, the stock has a GBP 364.10 price tag, a 52-week band of 301.10 pence to 418.33 pence and a consensus target of 432.50 pence.
