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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: 258.30
Bid: 258.30
Ask: 258.50
Change: 3.70 (1.45%)
Spread: 0.20 (0.077%)
Open: 254.60
High: 259.20
Low: 254.60
Prev. Close: 254.60
MKS Live PriceLast checked at -

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Sunday share tips: Marks&Spencer, Gulf Keystone, Lookers

Mon, 06th Apr 2015 15:20

Buy shares of Marks & Spencer, Questor advised in the Sunday Telegraph. The end to falling sales at M&S's clothing business was an important moment in the investment case for M&S after almost four years when the company had to rely on strong food revenues to help offset clothing's decline. The shares are at a seven-year high after the April 2nd trading update but there are more gains to come as profit margins on clothing widen. M&S also generates lots of cash and the annual dividend, held at 17p since 2011, could start to rise.Only the bravest investors could conclude Gulf Keystone had reached the end of its woes, Danny Fortson said in the Sunday Times. The Inside the City columnist said Gulf Keystone's $41m rights issue meant it could keep running for now. But it struggles to make money from its operations in Iraq's Kurdish region at today's low oil price. But Fortson pointed out that Jeremy Asher is a big investor in Gulf Keystone and an adviser to Israel's Haifa - one of the few refineries to take Kurdish crude last year. If it did so again, that could help Gulf Keystone.Lookers shares should rise as it sheds the untrustworthy image of car dealers by focusing on customer service, Midas argued in the Mail on Sunday. Lookers is doubling basic salaries and paying bonuses based more on customer satisfaction than cars sold. Brash job applicants are being turned away. The switch is designed to increase the chance of selling service deals to customers returning frequently for new cars funded through finance schemes. Annual profits for 2014 rose 35% to £65m and the dividend increased 10%. Lookers is moving with the times. Buy, Midas said.Buy shares of Town Centre Securities, Questor recommended in the Sunday Telegraph. The property investment fund has increased its portfolio and found good tenants, including Morrisons, the anchor tenant at its biggest site, the Merrion Centre in Leeds. Pre-tax profit for the six months to December 31st rose by £1m to £12.3m and the shares trade at a 6% discount to net assets. The prospective dividend yield is 3.4%. The shares have risen 32% since Questor tipped them in February 2013 and the columnist that recommendation stands.Marston's shares have risen to 156p from 88p since the Mail on Sunday's Midas column tipped them in January 2010. They have further to go as the brewer and pub group focuses on local and premium beer brands and smartens up its pub estate. Chief Executive Ralph Findlay has been selling traditional pubs and building modern pub-restaurants with a wider appeal. Annual profits fell last year as Findlay sold more sites but Marston's remaining pubs have performed well. Existing shareholders should stick with Marston's and newcomers could also buy at today's price.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.
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9 Nov 2023 15:45

DIRECTOR DEALINGS: M&S Non-Exec Potter buys GBP124,000 in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

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9 Nov 2023 15:45

Director dealings: M&S director snaps up 50,000 shares

(Sharecast News) - Marks & Spencer revealed on Thursday that non-executive director Cheryl Potter had acquired 50,000 ordinary shares in the FTSE 100-listed retailer.

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9 Nov 2023 09:43

LONDON BROKER RATINGS: M&S and Unilever raised but Asos cut

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

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8 Nov 2023 16:53

LONDON MARKET CLOSE: Stocks mixed; Powell gives little about rates

(Alliance News) - Stock prices in London closed mixed on Wednesday, after US Federal Reserve's Jerome Powell gave little away about the future of interest rates.

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8 Nov 2023 12:08

LONDON MARKET MIDDAY: Europe muted as eyes turn to Fed's Powell

(Alliance News) - European equities largely inched into the green at midday on Wednesday, though investors awaited with caution a speech from US Federal Reserve Chair Jerome Powell this afternoon.

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8 Nov 2023 08:48

LONDON MARKET OPEN: M&S impresses but ITV slumps on tepid ad revenue

(Alliance News) - Stock prices in Europe opened mixed on Wednesday, with equities struggling to push on with hawkish words from US central bankers hurting enthusiasm.

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8 Nov 2023 08:35

TOP NEWS: Marks & Spencer cautiously optimistic as profit jumps

(Alliance News) - Marks & Spencer Group PLC on Wednesday reported improved interim results and early signs suggest the clothing, home and food retailer will enjoy a robust Christmas.

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8 Nov 2023 07:45

LONDON BRIEFING: M&S profit surges; JD Wetherspoon upping investment

(Alliance News) - London's FTSE 100 is called to open lower on Wednesday, with equities on the back foot after more hawkish comments from a US central banker.

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8 Nov 2023 07:01

M&S cautious on H2 despite 52% jump in interim profit; Divi restored

(Sharecast News) - UK retailer Marks & Spencer on Wednesday reinstated its dividend and delivered a 56.2% rise in first-half profits, but warned sounded a note of caution about future trade in the run in to Christmas citing higher interest rates, weather and geopolitical events.

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7 Nov 2023 12:07

LONDON MARKET MIDDAY: Housebuilders and retail up, miners and oil down

(Alliance News) - European equities were mixed heading into Tuesday afternoon, with weaker China data and doubts over the US interest rate outlook weighing on the mood.

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3 Nov 2023 11:52

Bangladesh protests halt production for top fashion brands - union

(Alliance News) - Levi's and H&M are among top global clothing brands to suffer production halts in Bangladesh, a garment union leader said Friday, after days of violent protests by workers demanding a near-tripling of their wages.

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1 Nov 2023 16:52

LONDON MARKET CLOSE: Stocks prosper ahead of central bank rate calls

(Alliance News) - Stocks in London took their lead from a positive start on Wall Street to close higher as investors prepare for interest rate decisions in the UK and US.

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1 Nov 2023 16:35

London close: Stocks rise ahead of US Fed policy decision

(Sharecast News) - London's stock market finished in positive territory on Wednesday, with investors keeping a keen eye on the upcoming policy announcement from the US Federal Reserve.

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1 Nov 2023 15:44

UK earnings, trading statements calendar - next 7 days

Thursday 2 November 
BT Group PLCHalf Year Results
Derwent London PLCTrading Statement
Entain PLCTrading Statement
Haleon PLCQ3 Results
Helios Towers PLCQ3 Results
Hikma Pharmaceuticals PLCTrading Statement
Howden Joinery Group PLCTrading Statement
J Sainsbury PLCHalf Year Results
Kin & Carta PLCFull Year Results
OSB Group PLCTrading Statement
Shell PLCQ3 Results
Smith & Nephew PLCQ3 Results
TI Fluid Systems PLCTrading Statement
Trainline PLCHalf Year Results
Friday 3 November 
no events scheduled 
Monday 6 November 
Kingspan Group PLCTrading Statement
Kosmos Energy LtdQ3 Results
Ryanair Holdings PLCHalf Year Results
Tuesday 7 November 
Associated British Foods PLCFull Year Results
Beazley PLCQ3 Results
Direct Line Insurance Group PLCTrading Statement
dotdigital Group PLCFull Year Results
IWG PLCQ3 Results
Persimmon PLCTrading Statement
RS Group PLCHalf Year Results
Vaalco Energy IncQ3 Results
Watches of Switzerland Group PLCTrading Statement
Wednesday 8 November 
Conduit Holdings LtdQ3 Results
ITV PLCTrading Statement
JD Wetherspoon PLCQ1 Results
Marks & Spencer Group PLCHalf Year Results
MaxCyte IncQ3 Results
Secure Trust Bank PLCTrading Statement
Smiths News PLCFull Year Results
Time Out Group PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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27 Oct 2023 09:30

LONDON BROKER RATINGS: UBS says buy SJP; JPMorgan raises Trainline

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

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