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Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
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Share Price: 296.60
Bid: 296.60
Ask: 296.70
Change: 4.00 (1.37%)
Spread: 0.10 (0.034%)
Open: 289.00
High: 297.00
Low: 289.00
Prev. Close: 292.60
MKS Live PriceLast checked at -

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Analyst recommendations fail to beat the market

Wed, 23rd Jan 2019 12:43

(Sharecast News) - The ten blue-chip stocks most regularly backed by analysts with 'buy' recommendations lost more than the FTSE 100 index in 2018, fresh analysis showed on Wednesday.Research by AJ Bell found that the ten FTSE 100 stocks analysts most often rated a 'buy' lost an average of 17.3% in 2018, while the index lost 12.5%.Only one of top ten, Shire, made a positive return, following a £46bn takeover bid from Japanese drug maker Takeda. The other most recommended stocks included British American Tobacco, venture capitalist 3i, travel firm TUI and takeaway app Just Eat.In contrast, the ten stocks most regularly ranked as a 'sell' by analysts beat the benchmark index, losing 10.1% on average, although only one - publisher Pearson - recorded share price gainsRuss Mould, investment director at AJ Bell, said investment banks and broking firms had failed to identify last year's winners and losers."While it is tempting to cut analysts some slack by noting that 2018 was a tough year, this is the fourth time we have concluded this analysis, and the analysts' combined top picks fared no better than the benchmark index in 2015, 2016 or 2017," he added."This is not to gratuitously kick the analysts when they are down. But it does suggest that the real value of broking research lies not with the recommendations but with the industry analysis and distillation of the key company issues that it provides."AJ Bell also published the ten stocks with the highest percentage of 'buy' ratings at the start of the current year. They included publishing and events group Informa, healthcare provider NMC Health, commodity specialist Glencore, 3i and wealth manager St James's Place.The ten stocks with the highest percentage of 'sell' ratings at the start of 2019 include miner Antofagasta, Marks & Spencer, Rolls Royce, Next, Pearson and Standard Chartered.
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18 Jan 2024 12:47

M&S to invest £30m in Scottish stores

(Sharecast News) - Marks & Spencer Group is to invest £30m overhauling its Scottish offering, including closing one of its stores in Aberdeen, the retailer said on Thursday.

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17 Jan 2024 16:55

LONDON MARKET CLOSE: Stocks slump as Fed rate cut hope dwindles

(Alliance News) - European equities slumped on Wednesday, as interest rate expectations, on both sides of the Atlantic, were re-assessed on the back of some hawkish rhetoric and hotter inflation data.

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16 Jan 2024 12:00

Britain's Ocado Retail pauses new sites for two to three years

Hatfield site closed in 2023, Luton opened

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16 Jan 2024 09:08

Britain's Ocado Retail won't open new sites in next 2 to 3 years -CEO

LONDON, Jan 16 (Reuters) - British online supermarket Ocado Retail is currently operating at about 75% of its capacity and does not expect to open any new robotic warehouses in the UK for two to three years, its boss said on Tuesday.

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16 Jan 2024 08:50

Ocado Retail CEO: Red Sea disruption impact will be minimal

LONDON, Jan 16 (Reuters) - The chief executive of Ocado Retail said she is not expecting to see much impact on the British online supermarket from disruption to shipping in the Red Sea.

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16 Jan 2024 08:26

Britain's Ocado Retail returns to positive earnings in 2022/23 year

Q4 2022/23 revenue up 10.9%

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16 Jan 2024 07:09

Britain's Ocado Retail returns to positive earnings in 2022/23 year

LONDON, Jan 16 (Reuters) - British online supermarket Ocado Retail said on Tuesday it would meet its forecast of a return to positive earnings for its full 2022/23 year after reporting fourth quarter to Nov. 26 revenue growth of 10.9%.

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12 Jan 2024 09:14

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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11 Jan 2024 17:24

European shares fall as hot U.S. inflation data rains on rate-cut hopes

WPP down after UBS downgrade

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11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

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11 Jan 2024 16:53

LONDON MARKET CLOSE: Stocks lower on hotter-than-expected US inflation

(Alliance News) - Stock prices in London closed lower on Thursday, after US rate cut expectations suffered a setback following some hotter-than-expected inflation data.

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11 Jan 2024 16:34

London close: Stocks fall as US inflation comes in hot

(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.

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11 Jan 2024 12:02

Partying Britons boost Tesco and M&S at Christmas but cautious for new year

LONDON, Jan 11 (Reuters) - Britons splashed out on premium and party food at Tesco and Marks & Spencer over Christmas, prioritising treats at home over eating out, and favouring the biggest retailers for their festive spending in still tough economic conditions.

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11 Jan 2024 12:00

LONDON MARKET MIDDAY: Stocks level out as US inflation nerves kick in

(Alliance News) - Upbeat morning trade for European markets gave way to caution by midday on Thursday, as investors look to a make-or-break US inflation reading, and what it could mean for the Federal Reserve interest rate outlook.

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