focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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: 275.50
Bid: 275.40
Ask: 275.60
Change: 1.60 (0.58%)
Spread: 0.20 (0.073%)
Open: 275.10
High: 276.50
Low: 273.30
Prev. Close: 273.90
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: M&S, Morrison, ARM, Spirent

Thu, 09th Jan 2014 11:33

Numis Securities has scaled back its profit forecasts for Marks & Spencer (M&S) after the High Street retailer missed expectations in its third quarter. The broker maintained a 'hold' rating and 450p target price for the stock.Investec also reduced its forecasts for M&S after the results, but upgraded its rating from 'hold' to 'buy', saying that the business should now become cash generative given that the current year is the last year of elevated capital expenditure (capex). Panmure Gordon has trimmed its target price for Morrison and reiterated its 'sell' rating after a "very disappointing Christmas" by the UK grocer.The analysts said: "This has been a tough trading period for all retailers, but the weakness of these results clearly reveals a fundamental weakness in Morrison's business model - extending to more we believe than just a lack of exposure to convenience and online, although clearly this is the main issue."Deutsche Bank has lowered its recommendation for chip designer ARM Holdings from 'buy' to 'hold', saying that consensus forecasts for 2014 look too high. It cut its target price for the stock from 1,130p to 1,070p.The bank still believes that ARM remains "one of the best secular growth stories in the sector". However, after a strong finish to 2013 it said that the share price is now ignoring "several risks".Analysts at Jefferies have cut their rating for communications technology group Spirent Communications from 'buy' to 'hold' and slashed their target price from 150p to 103p.The broker said that it is "testing times" for Spirent with 2014 likely to be a "year of slow improvement".BC
More News
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
16 Nov 2023 09:40

LONDON BROKER RATINGS: Exane BNP cuts Entain but raises SSE

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

Read more
15 Nov 2023 08:56

TOP NEWS: Reckitt promotes Darroch to chair as Sinclair leaves

(Alliance News) - Reckitt Benckiser Group PLC on Wednesday said its Chair Chris Sinclair plans to retire, having completed his full nine-year term at the company.

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

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