Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

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
Get Live Data
Share Price: 296.40
Bid: 296.50
Ask: 296.80
Change: 3.80 (1.30%)
Spread: 0.30 (0.101%)
Open: 289.00
High: 296.40
Low: 289.00
Prev. Close: 292.60
MKS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Broker tips: Fresnillo, RBS, M&S

Fri, 04th Jan 2013 11:35

Shares in precious metals miner Fresnillo were hammered on Friday morning on the back of a downgrade by UBS from 'buy' to 'neutral' after the stock's recent strength.Since September 10th 2012, Fresnillo has gained 7% while silver prices have fallen 9%. This compares with the average fall for silver stocks (under UBS's coverage) of 2%.Analyst Chris Lichtenheldt notes that the stock currently trades at 1.26 times net asset value and 18.7 times 2013 cash flow, 48% and 44% higher than the North American peer group, respectively.While an upcoming LIBOR settlement at Royal Bank of Scotland (RBS) may just be a drop in the ocean compared with last year's PPI redress, Investec has retained its 'sell' recommendation on the stock.Analyst Ian Gordon said: "In 2013-15e, we see a return to profit with a modest improvement in core profitability (despite an offset from EC-mandated business disposals). However, with a very weak outlook for RoE [return on equity], we remain sellers."Nomura has lowered its forecasts for High Street retailer Marks & Spencer (M&S) ahead of the group's third-quarter trading update, but has retained its 'buy' rating and 420p target price for the stock."In our view, M&S is changing trading stance from one driven by market share (and often promotion), to a more full-price-oriented approach. In our view, this will result in difficult quarters in top-line terms, but over time could help deliver a significant margin opportunity relative to peers."BC
More News
3 Jan 2024 08:46

TOP NEWS: UK grocers enjoy bumper Christmas and inflation cools

(Alliance News) - The UK grocery sector had its busiest festive period since the onset of the Covid-19 pandemic four years ago, numbers from Kantar showed on Wednesday, while price inflation worries for consumers abated.

Read more
3 Jan 2024 08:42

Discounters, Sainsbury's and Tesco are UK Christmas winners -Kantar

*
Sainsbury's sales up 9.3% in 12 weeks to Dec. 24 - Kantar

Read more
2 Jan 2024 17:05

British equities slip on higher yields, financials drag

FTSE 100 down 0.2%, FTSE 250 off 0.9%

*

Read more
2 Jan 2024 09:23

Aldi and Lidl cheer record festive period with sales up 8% and 12%

(Alliance News) - Discounter supermarkets Aldi and Lidl on Tuesday revealed record Christmas trading in the UK, as cash-strapped shoppers looked to cut the costs of their festive celebrations.

Read more
29 Dec 2023 13:01

LONDON MARKET CLOSE: UK equities outclassed by other markets in 2023

(Alliance News) - Stock prices in London closed mixed on Friday, the final trading day of 2023, as the annual returns from UK equities were outshone by international markets.

Read more
29 Dec 2023 09:35

LONDON MARKET OPEN: Stocks mixed on final day of underperforming year

(Alliance News) - Stock prices in London opened mixed on Friday, the last trading day of 2023, as investors assess rather meagre returns from the UK equity market in the past year.

Read more
27 Dec 2023 12:06

LONDON MARKET MIDDAY: Stocks hold onto gains amid US rate cut hopes

(Alliance News) - London's FTSE 100 index was outperforming other European stock-price measures at midday on Wednesday, boosted by gains for miners and industrials.

Read more
19 Dec 2023 07:00

Not just for Christmas: Britain's M&S targets more regular food shoppers

M&S food shopper numbers jump at Christmas

*

Read more
6 Dec 2023 11:32

M&S, Morrisons used unlawful land deals to block rival shops — UK CMA

(Alliance News) - Wm Morrisons Supermarkets Ltd and Marks & Spencer Group PLC broke land use laws to stop rival supermarkets opening nearby stores, according to the UK competition watchdog.

Read more
6 Dec 2023 08:04

M&S and Morrisons criticised over 'unlawful' land deals

(Sharecast News) - Marks & Spencer and Wm Morrison Supermarkets used unlawful land deals to block rivals, the competition watchdog ruled on Wednesday.

Read more
4 Dec 2023 10:10

LONDON BROKER RATINGS: HSBC likes Softcat; Jefferies cuts Future

(Alliance News) - The following London-listed shares received analyst recommendations xxxxday morning:

Read more
30 Nov 2023 09:57

LONDON BROKER RATINGS: Citi and Peel up B&M; JPMorgan cuts 888

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

Read more
21 Nov 2023 13:04

Deutsche Bank starts coverage of 6 retail stocks; prefers Asos, B&M and M&S

(Sharecast News) - Deutsche Bank initiated coverage on six UK retail stocks on Tuesday, with a preference for Asos, B&M European Value Retail and Marks & Spencer.

Read more
21 Nov 2023 09:54

LONDON BROKER RATINGS: Deutsche says 'buy' B&M and Marks & Spencer

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
17 Nov 2023 15:20

London close: Stocks higher despite weaker retail sales data

(Sharecast News) - London's stock markets finished in a positive state on Friday despite weaker-than-expected UK retail sales figures.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account