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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: 303.90
Bid: 250.00
Ask: 320.00
Change: 0.00 (0.00%)
Spread: 70.00 (28.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 303.90
MKS Live PriceLast checked at -

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Broker tips: Miners, Outsourcers, M&S, Cineworld

Fri, 10th Jan 2014 11:21

2014 could initially be 'another difficult period' for the UK mining sector, according to analysts at Barclays, who maintained their 'negative' view on the industry on Friday.In a research note to clients, the bank said that "key issues" of 2013 - negative earnings growth, minimal free cash-flow (FCF) generation, slowing demand in China and surging supply - will likely remain in place this year.Outsourcing group Capita was performing well on Friday morning after UBS raised its recommendation for the stock, while sector peer Serco was hit by a ratings downgrade by the same Swiss bank.UBS said that Capita has good earnings prospects with strong results in 2013 underpinning estimates this year, as it lifted its stance from 'neutral' to 'buy'. "Our upgrade is partly a switch from 'value' to 'quality' in the outsourcing sector as we simultaneously downgrade Serco to 'neutral' [from 'buy'] following its share-price recovery," the bank said.Marks & Spencer's share price was extending gains on Friday morning after Citigroup maintained its 'buy' rating for the stock on the back of a confident outlook.Despite the retailer missing forecasts in the third quarter, the bank remains bullish: "The combination of our stronger 2014 and 2015 UK economic growth forecasts, and M&S management initiatives (especially on GM availability) has markedly improved the credibility of double-digit FY15 and FY16 M&S earnings per share growth forecasts. We argue that this should underpin the group's current undemanding valuation metrics."Panmure Gordon has maintained it 'sell' rating for cinema operator Cineworld after the company's proposed offer for Poland-listed, Dutch-headquartered Cinema City International (CCI)."At first glance we struggle to see the logic for the acquisition given management's insistence on the substantial growth opportunities available in the UK and the group's failure to complete its proposed acquisition in Spain," Panmure said.BC
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29 Sep 2023 10:58

BofA Merrill Lynch upgrades Marks & Spencer to 'buy'

(Sharecast News) - Bank of America Merrill Lynch upgraded Marks & Spencer on Friday to 'buy' from 'neutral' as it argued the stock is still too cheap and consensus earnings too low.

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29 Sep 2023 09:15

LONDON BROKER RATINGS: Goldman Sachs cuts WPP; Shore raises LandSec

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

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22 Sep 2023 08:42

LONDON MARKET OPEN: Stocks slip after central bank rate calls

(Alliance News) - Stock prices in London opened lower on Friday, but managed to avoid the steep declines seen in New York, as investors mulled over an eventful week dominated by central bank decisions.

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21 Sep 2023 12:20

LONDON MARKET MIDDAY: Sterling slumps as BoE ends hiking streak

(Alliance News) - Stocks in London perked up heading into Thursday afternoon after the Bank of England, like the Federal Reserve, decided against a hike, hurting the pound.

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19 Sep 2023 14:22

Director dealings: M&S non-exec invests, Brooks Macdonald CEO deals with options

(Sharecast News) - Marks & Spencer was among those on the list of director buys on Tuesday after a non-executive director picked up more than 9,000 shares.

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19 Sep 2023 07:03

Ocado holds guidance as Q3 retail sales rise 7.2%

(Sharecast News) - Online grocer and technology company Ocado maintained annual guidance after a 7.2% rise in third-quarter retail revenues.

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13 Sep 2023 09:29

LONDON BROKER RATINGS: Goldman Sachs likes HSBC; RBC raises CVS

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

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13 Sep 2023 07:48

LONDON BRIEFING: St James's Place appoints new chief Mark FitzPatrick

(Alliance News) - Stocks are called to open lower on Wednesday, as traders remain cautious ahead of a highly awaited US inflation report.

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12 Sep 2023 08:46

TOP NEWS: UK grocery price inflation cools to lowest level in a year

(Alliance News) - Annual grocery price inflation in the UK decelerated to 12.2% in the four weeks that ended September 3, from 12.7% a month before, according to survey data from Kantar on Tuesday.

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11 Sep 2023 06:56

UK retailers warn chancellor against GBP400m business rates hike

(Alliance News) - Bosses of a raft of Britain's biggest retailers, such as Tesco PLC, Marks & Spencer Group PLC and Kingfisher PLC's B&Q, have urged Chancellor Jeremy Hunt to freeze their property taxes to avoid a roughly GBP400 million hike.

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6 Sep 2023 09:32

LONDON BROKER RATINGS: Shore says 'buy' B&M; Peel Hunt likes Halfords

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

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6 Sep 2023 09:02

LONDON MARKET OPEN: Stocks fall amid high oil prices

(Alliance News) - Stock prices in London opened lower on Wednesday, as high oil prices gave rise to fears of renewed inflationary pressures and interest rate hikes.

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31 Aug 2023 17:02

Miners drag FTSE 100 lower to snap 6-day winning streak

Glencore among top losers on FTSE 100

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31 Aug 2023 16:50

LONDON MARKET CLOSE: FTSE 100 down amid stubborn US inflation

(Alliance News) - Stock prices in London closed mixed on Thursday, after news that a key US inflation reading came in in line with market expectations.

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31 Aug 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 edges lower ahead of US inflation print

(Alliance News) - The FTSE 100 tipped into the red at midday on Thursday as investors nervously awaited the latest print of the US Federal Reserve's preferred inflationary gauge, the personal consumption expenditures index.

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