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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: 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 -

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Sunday share tips: Marks & Spencer, National Grid, Assura

Sun, 15th May 2016 15:03

(ShareCast News) - Marks & Spencer shares were given a 'hold' rating by Questor in the Sunday Telegraph. Last week, recently promoted boss Steve Rowe began to cut the senior management cloth to suit his new regime, though we will not know his true plans until final results are posted on 25 May. Rowe needs time to sort things out, but he is lucky to have a highly cash generative business that can keep shareholders relatively happy and maintain dividends.However, departed Dutchman Marc Bolland was unable to deliver the revenue turnaround that investors hoped. On the positive side, the food business has been a consistent success, outshining its rivals in the supermarket sector. But the clothing business, mainly womenswear, has been a weak link for too long, even though an improved supply chain has begun to help margins move in the right direction. But Rowe needs to lift this area if he is to put some oomph back into shares that have lost a quarter of value in the last year.Sell National Grid shares, investors were told by the Sunday Times' Inside the City column. The gas and power transmission network operator has enjoyed an extended stint as an investor favourite, throwing off dividend cash partly thanks to the benign, low interest rates creating ideal conditions for growth. Results this week are likely to show ever bigger profits. The shares have sparked up almost two thirds over five years and now change hands for more than a third more than its regulated asset base, more than other highly regulated markets.Meanwhile, regulation has dimmed the lights of energy companies - and Ofgem may be about to do the same to National Grid, according to analysts at Macquarie. As the company looks to sell its £12bn gas distribution arm, it has been suggested that the regulator, in recognition of the helpful conditions use the sale cash to cut its rates, which are added onto household bills, rather than return them all to shareholders as is currently hoped.Shares in Assura are worth buying, said Midas in the Mail on Sunday, as the doctor's surgery property developer offers potential solid income growth for the long-term. While general practitioners have historically worked out of converted residential homes, the modern NHS requires extra services from a GP's surgery such as nursing, physiotherapy and a pharmacy. Rents from GPs are government-backed, with £1bn also committed to help develop new surgeries.Assura's 301 surgeries are worth more than £1bn, with a £135m pipeline of development and extension opportunities expected to have increased when results are unveiled this week. Profits are forecast to jump more than three quarters, with another rise of approaching 50% pencilled in for next year. Management raised £300m in a placing last year to help with development and allow acquisitions.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 and 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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18 Jul 2023 08:46

TOP NEWS: Ocado backs outlook and hails "good progress" in half-year

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LONDON MARKET OPEN: Ocado, Darktrace outperform amid muted trade

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Iceland Foods joins UK supermarket rivals in cutting prices

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7 Jul 2023 13:49

Director dealings: Currys chair invests, M&S board members cover tax liabilities

(Sharecast News) - Currys was again on the list of director buys on Friday, after the chair of its board purchased almost 0.2m shares.

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4 Jul 2023 17:59

M&S food makes good start to new financial year, says boss

CEO says prices won't go down as fast as they went up

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4 Jul 2023 17:23

M&S food makes good start to new financial year, says boss

LONDON, July 4 (Reuters) - British retailer Marks & Spencer's food business has made "a good start" to its 2023-24 financial year, the group's boss told investors on Tuesday.

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2 Jul 2023 15:18

Sunday newspaper round-up: Google, M&S, Tesco

(Sharecast News) - Google's new quantum computer is capable of instantly making calculations that would take current supercomputers 47 years to complete. Such compouters, proponents argue, will be capable of battling climate change and creating breakthrough drugs. Their ability to break encryption systems now utilised on the other hand makes them a threat to national security. - The Sunday Telegraph

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29 Jun 2023 05:59

Ocado announces price cuts to milk and other 'everyday essentials'

(Alliance News) - Ocado Group PLC has announced price cuts on milk and other items as grocers compete to pass on falls in wholesale costs to customers.

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29 Jun 2023 00:01

Britain's Ocado follows rivals in cutting some prices

Ocado cuts prices of over 100 essential items

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27 Jun 2023 16:56

IN BRIEF: Ocado adds former Ted Baker CEO Osborne to board as non-exec

Ocado Group PLC - Hertfordshire-based online grocer and warehouse technology firm - Appoints Rachel Osborne as independent non-executive director from September 1. She is the former chief executive officer of fashion retailer Ted Baker. Osborne was formerly chief financial officer of Debenhams PLC and Domino's Pizza Group PLC and was finance director of John Lewis Division within the John Lewis Partnership.

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27 Jun 2023 15:46

UK shareholder meetings calendar - next 7 days

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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27 Jun 2023 08:00

Online's share of UK grocery market dips as heat pushes shoppers to stores

Online was 10.4% of total UK grocery market in June

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26 Jun 2023 10:45

UK's Sainsbury's cuts more prices, adding to signs of abating inflation

Sainsbury's cuts price of chicken, pasta and rice

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