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: 276.70
Bid: 277.50
Ask: 277.70
Change: -1.70 (-0.61%)
Spread: 0.20 (0.072%)
Open: 278.00
High: 279.00
Low: 275.10
Prev. Close: 278.40
MKS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Charles Stanley downgrades M&S on share price strength

Tue, 02nd Jun 2015 14:18

Charles Stanley downgraded Marks & Spencer to 'reduce' from 'hold' saying that investors may want to take advantage of recent price strength to reduce exposure.It pointed out that the stock is up around 50% since October 2014.Charles Stanley noted that the company's full-year results were solid, with the first increase in underlying pretax profit since 2010/11. It said the creditable performance in a tough operating environment was driven by the food business, but General Merchandise also made decent progress."Going forward, a significant opportunity exists to further expand gross margin in the General Merchandise business by sourcing more product directly from suppliers," rather than by third-party vendors, said Charles Stanley.In Food, the opportunity for further gross margin expansion is more limited, but the addition of new space in the Simply Food format should help to deliver reasonable sales growth.The announcement of a £150m share buyback programme for 2015/16 highlights improving free cash flow, it said, adding that it sees potential for further capital returns to shareholders in subsequent years.At 1500 BST, M&S shares were down 1.1% at 575.50p.
More News
22 Aug 2023 17:26

TOP NEWS: M&S set to be FTSE 100 outfit again but Persimmon may fall

(Alliance News) - Marks & Spencer Group PLC is primed to make a return to London's premier FTSE 100 index, roughly three years after the founding member was booted out, with abrdn PLC once again among those making way.

Read more
22 Aug 2023 17:13

Cyclical stocks lift UK equities off six-week lows; Wood Group rises

Blue-chip FTSE 100 snaps seven-day losing streak

*

Read more
22 Aug 2023 08:00

Britain's gloomy weather dents supermarket sales growth into August -NIQ

UK supermarket sales growth slows to 7.2% in August -NIQ

*

Read more
21 Aug 2023 00:00

Food tech company ENOUGH raises 40 million euros

New fundraising led by World Fund and CPT Capital

*

Read more
18 Aug 2023 11:18

Temple Bar laments "miserly" UK valuations but promises long-term wins

(Alliance News) - Temple Bar Investment Trust PLC on Friday said its net asset value saw a moderate half-year increase, and that its "fundamentally sound" portfolio will eventually bear fruit despite the tough backdrop.

Read more
18 Aug 2023 08:21

British consumers curb their shopping in rainy July

Retail sales -1.2% m/m in July vs Reuters poll -0.5%

*

Read more
17 Aug 2023 14:00

Sustainable Switch: H&M investigates Myanmar factories

Aug 17 - By Sharon Kimathi Energy and ESG Editor, Reuters Digital sharon.kimathi@thomsonreuters.com

Hello!

Read more
16 Aug 2023 16:55

LONDON MARKET CLOSE: FTSE falls on rate fears and niggling China worry

(Alliance News) - Stock prices in London closed lower on Wednesday, with interest rate-sensitive stocks on the back foot, as a robust core inflation reading poured cold water on hope of a Bank of England pause.

Read more
16 Aug 2023 14:19

H&M probes alleged Myanmar factory abuses as pressure intensifies

Cases of worker abuses at garment factories soar -report

*

Read more
16 Aug 2023 12:01

LONDON MARKET MIDDAY: Stocks down; UK inflation cools in July

(Alliance News) - Stock prices in London were lower at midday on Wednesday, as investors digest some mixed inflation figures and the impact they will have on the Bank of England's next move.

Read more
16 Aug 2023 09:29

LONDON BROKER RATINGS: RBC cuts Antofagasta; Shore likes Trainline

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

Read more
16 Aug 2023 08:55

H&M probes Myanmar factory abuses as pressure intensifies

Cases of worker abuses at garment factories soar -report

*

Read more
16 Aug 2023 06:00

H&M probes Myanmar factory abuses as pressure intensifies

Cases of worker abuses at garment factories soar -report

*

Read more
15 Aug 2023 17:29

Sweden, UK lead European shares lower on rate-hike fears

China-exposed firms drop after weak economic data

*

Read more
15 Aug 2023 17:21

FTSE 100 hits one-month low as record UK wage growth drives pound higher

UK basic wage growth hits record

*

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.