Barclays keeps Buy rating for Marks & Spencer stock

Published on 10/08/2026 at 12:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2025/26 sales reached GBP 14.2 billion. Marks & Spencer stock costs EUR 4.68 on October 8, 2026 after EUR 4.70, minus 0.43 percent.

Geometrisches Bauhaus-Poster mit bunten Formen und dem Wort RETAIL — Bauhaus-Poster mit Sektor-Schriftzug RETAIL repräsentiert Marks and Spencer Group plc, ISIN GB0031215220, im Retro-Design, Illustration mit AI erstellt.

Marks & Spencer (ISIN GB0031274896) was trading at EUR 4.68 at Lang & Schwarz on October 8, 2026 at 12:18 p.m. CEST, versus the EUR 4.70 prior close and minus 0.43 percent. Markets Insider reported on October 7, 2026 that Barclays maintained its Buy rating and set a GBp 450.00 price target.

Barclays target meets a weaker profit base

The GBp 450.00 target is 15.79 percent above the London-listed share price of GBp 389.00 cited in the Barclays report. The rating therefore keeps the broker constructive even as Marks & Spencer enters the next reporting phase with a lower recent profit base.

Marks & Spencer lists GBP 14.2 billion of group sales for fiscal 2025/26, alongside GBP 671.4 million of adjusted profit before tax, GBP 131.3 million of operating free cash flow and GBP 338.2 million of net funds excluding leases.

Sales scale masks fashion pressure

The financial picture is mixed by division. Vogue reported on September 18, 2026 that fiscal 2026 revenue rose 25.00 percent to GBP 17.3 billion, while adjusted profit before tax fell 23.80 percent to GBP 671.4 million. Fashion sales declined 7.70 percent to GBP 3.9 billion, and adjusted operating profit fell 55.40 percent to GBP 213.4 million.

That contrast gives the Barclays call a clear test: the target depends on food strength translating into a broader earnings recovery. The next published results date is November 4, 2026, according to InvestPane.

Stock stays below its yearly high

Marks & Spencer had a market capitalization of GBP 8.1 billion on October 8, 2026. The primary-exchange 52-week range was GBp 301.10 to GBp 418.33, placing the Lang & Schwarz euro indication below the top of that range after the currency difference is kept separate.

At Lang & Schwarz, the stock was trading at EUR 4.68 on October 8, 2026 at 12:18 p.m. CEST, minus 0.43 percent versus the EUR 4.70 prior close. The further course of trading is shown by the continuously updated real-time quote of Marks & Spencer stock.