Last checked at 26 May 2023 09:41
LONDON BROKER RATINGS: RBC cuts Halfords; Berenberg likes Sabre
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
Marks & Spencer Share News (MKS)
MKS Share
Price
MKS Share
News
MKS Share
Chat
MKS Share
Trades3,053
MKS
Live RNS
MKS Share
Charts
MKS Level 2
Console
MKS Live
Share Price
MKS Broker
Ratings
MKS Directors
Deals
MKS Financial
Diary
MKS
Fundamentals
MKS Short
Positions
MKS
Media
Marks & Spencer Information
Share Price Information for Marks & Spencer (MKS)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
286.50
Bid:
286.40
Ask:
286.60
Change:
-7.40 (-2.52%)
Spread:
0.20 (0.07%)
Open:
294.70
High:
295.00
Low:
286.00
Prev. Close:
293.90
Last checked at -
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Citi ups M&S to 'buy', says investment case is 'evolving'
Mon, 13th May 2019 13:15
(Sharecast News) - Citi upgraded its recommendation on Marks & Spencer shares to buy' from 'neutral' on Monday, as it argued that the investment case is "evolving"."Understanding the cultural change and the Ocado Retail JV is paramount to understand the rational for this pivot," it said.Back in February, M&S said it was buying a 50% share of Ocado's UK retail business for up to £750m. It said at the time that the JV would accelerate its food strategy as it enables the compay to take its food online in an "immediately profitable, scalable and sustainable way".Citi went on: "Accordingly we have undertaken a detailed bottom up scenario analysis of the Ocado Retail JV with Citi's Food Retail analyst Nick Coulter. We consider the aggregate of the structural changes has the potential to re-invigorate the M&S business to a greater degree than investors expect."It said the Ocado JV is an "elegant" solution to a structural gap in the M&S business model and reflects a bold decision to buy into a market leading online proposition."M&S is a business which is making itself more relevant for the next decade," Citi said, adding that its bottom-up scenario analysis suggests a possible £4.7bn sales base and £334m EBITDA after 15 years.Citi lifted its price target on M&S to 330p from 290p.
More News
26 May 2023 08:54
UK shoppers boost spending despite inflation's bite
Retail sales in April +0.5% m/m vs Reuters poll +0.3%
*Read more25 May 2023 09:23
LONDON BROKER RATINGS: Numis starts Tristel with 'add'
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:
Read more25 May 2023 07:52
LONDON BRIEFING: Germany enters recession; UK energy price cap lowered
(Alliance News) - Stocks in London were called to open lower on Thursday, amid the continued political scrap over raising the US government debt limit and after news that Germany has entered a technical recession.
Read more24 May 2023 17:11
24 May 2023 16:57
LONDON MARKET CLOSE: Stocks sold off amid US debt limit angst
(Alliance News) - US debt ceiling concerns battered European equities on Wednesday, leading to broad-based stock price declines, as investors fret over what a default would mean for global markets.
Read more24 May 2023 14:42
ShoreCap sees 'attractive' entry point in Marks & Spencer
(Sharecast News) - Analysts at ShoreCap told clients they believed they saw a "very attractive entry point" into Marks & Spencer's shares, given the increasing possibility of a rating expansion.
Read more24 May 2023 12:31
24 May 2023 12:14
LONDON MARKET MIDDAY: US debt deadlock, robust UK inflation hit stocks
(Alliance News) - Stock prices in London were lower at midday on Wednesday, as the deadline to come to a US debt ceiling agreement creeps closer, leaving investors fearing for the worst.
Read more24 May 2023 11:38
M&S seems to finally have "struck the right formula" for turnaround
(Alliance News) - Analysts cheered an upbeat set of annual results from Marks & Spencers Group PLC, with the firm artfully managing costs amid sky-high inflation and strengthening its offering to customers in both food and fashion.
Read more24 May 2023 09:33
M&S annual profit jumps 21% amid turnaround plan; dividends to return
(Alliance News) - Investors were cheered by Marks & Spencers Group PLC's annual results on Wednesday, with the firm expecting to resume dividend payments at its interim results.
Read more24 May 2023 09:14
LONDON MARKET OPEN: Stocks down amid hotter-than-expected UK inflation
(Alliance News) - Stock prices in London opened lower on Wednesday, as a new UK inflation reading came in hotter-than-expected.
Read more24 May 2023 07:02
M&S beats FY forecasts, to reinstate 'modest' dividend
(Sharecast News) - UK retailer Marks & Spencer delivered a forecast-busting annual profit driven by a major improvement in its food division and said it would reinstate a "modest" dividend in November.
Read more23 May 2023 13:46
Wednesday preview: UK CPI, Marks & Spencer in the spotlight
(Sharecast News) - Investors' focus in the middle of the week would be on a reading for consumer prices in the UK in April.
Read more18 May 2023 09:58
LONDON BROKER RATINGS: Mitchells & Butlers raised to 'buy'; M&S cut
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more