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Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 253.00
Bid: 252.80
Ask: 253.10
Change: -1.50 (-0.59%)
Spread: 0.30 (0.119%)
Open: 255.30
High: 257.30
Low: 253.00
Prev. Close: 254.50
MKS Live PriceLast checked at -

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Broker tips: ARM, M and S, William Hill

Fri, 20th Apr 2012 10:01

Jefferies has raised its target price for ARM Holdings from 466p to 485p but has maintained its underperform rating on the chip designer ahead of its first quarter results due next week."ARM is about to exit a no-new-news-phase with heavy reliance on Windows on ARM (WoA) and Mali graphics royalties into 2H12 - neither can materially lift fundamentals from here and the former may yet have sentiment tailwinds," the broker said."Investors have not abandoned the theme on this name but we think a lack of visibility on the long term potential has stymied sentiment."Investec has downgraded its rating for High Street giant Marks and Spencer after this week's fourth-quarter update disappointed - in its own words, the stock is 'off the Mark and lacking Spark'.The broker has highlighted three reasons to be bearish on the stock. Firstly it does not expect a near-term recovery the UK consumer environment. Secondly, cost guidance for the year-ending 2013 was seen as disappointing. Finally, "the jury is still out on the success, or otherwise, of the strategic plan".After cutting its pre-tax profit forecast for the year to March 31st 2013 by 5%, Investec cuts its target price from 325p to 295p.Nomura has reiterated its reduce recommendation and 190p target price for bookmaker William Hill despite the group's well-received first-quarter trading update.While the board says it remains confident in its full-year expectations, the broker thinks that consensus forecasts may increase slightly following today's statement as a result of the very strong gross win margin across OTC (over-the-counter) and on-line sportsbook.Nevertheless, the broker admits that it continues to prefer sector peer Ladbrokes "given LAD's catch-up potential from its digital division and the ongoing uncertainties surrounding the structure of William Hill Online," the broker said.BC
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Britain's Ocado Retail returns to positive earnings in 2022/23 year

Q4 2022/23 revenue up 10.9%

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

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

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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

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11 Jan 2024 16:34

London close: Stocks fall as US inflation comes in hot

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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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11 Jan 2024 09:44

Tesco raises profit outlook again after strong Christmas sales

6 weeks to Jan 6 UK like-for-like sales up 6.8%

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11 Jan 2024 08:40

LONDON MARKET OPEN: Stocks in the green; M&S slides as Tesco edges up

(Alliance News) - Stock prices in London climbed at Thursday's market open, with investors feeling hopeful ahead of US inflation data, and considering Christmas updates from grocery companies.

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11 Jan 2024 07:41

LONDON BRIEFING: M&S reports strong sales momentum; Tesco ups guidance

(Alliance News) - Stocks in London are tipped for a strong start on Thursday, as global equity markets benefit from optimism ahead of the US inflation print later in the day.

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11 Jan 2024 07:01

M&S sees FY in line as Christmas sales rise 8.1%

(Sharecast News) - UK retailer Marks & Spencer said it expected to deliver annual results in line with expectations despite higher-than-expected cost increases as it reported an 8.1% rise in sales over the key Christmas quarter driven by food revenue and womenswear.

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