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: 302.00
Bid: 302.50
Ask: 302.70
Change: -1.90 (-0.63%)
Spread: 0.20 (0.066%)
Open: 303.00
High: 304.10
Low: 300.90
Prev. Close: 303.90
MKS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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.
More News
24 May 2023 11:38

M&S seems to finally have "struck the right formula" for turnaround

(Alliance News) - Analysts cheered an upbeat set of annual results from Marks & Spencers Group PLC, with the firm artfully managing costs amid sky-high inflation and strengthening its offering to customers in both food and fashion.

Read more
24 May 2023 09:33

M&S annual profit jumps 21% amid turnaround plan; dividends to return

(Alliance News) - Investors were cheered by Marks & Spencers Group PLC's annual results on Wednesday, with the firm expecting to resume dividend payments at its interim results.

Read more
24 May 2023 09:14

LONDON MARKET OPEN: Stocks down amid hotter-than-expected UK inflation

(Alliance News) - Stock prices in London opened lower on Wednesday, as a new UK inflation reading came in hotter-than-expected.

Read more
24 May 2023 07:02

M&S beats FY forecasts, to reinstate 'modest' dividend

(Sharecast News) - UK retailer Marks & Spencer delivered a forecast-busting annual profit driven by a major improvement in its food division and said it would reinstate a "modest" dividend in November.

Read more
23 May 2023 13:46

Wednesday preview: UK CPI, Marks & Spencer in the spotlight

(Sharecast News) - Investors' focus in the middle of the week would be on a reading for consumer prices in the UK in April.

Read more
18 May 2023 09:58

LONDON BROKER RATINGS: Mitchells & Butlers raised to 'buy'; M&S cut

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

Read more
18 May 2023 08:10

Broker tips: M&S, Mitchells & Butlers, AMS

(Sharecast News) - Citi downgraded its stance on Marks & Spencer on Thursday to 'neutral' from 'buy' and trimmed the price target to 170p from 175p.

Read more
18 May 2023 08:08

CORRECT: Royal Mail parent suffers loss; Burberry sees growth

(Correcting spelling of name of new De La Rue chair.)

Read more
18 May 2023 07:55

LONDON BRIEFING: Royal Mail parent suffers loss; Burberry sees growth

(Alliance News) - Stocks in London were called higher on Thursday, as global markets switched to risk-on, following signs of progress on US debt negotiations.

Read more
17 May 2023 15:46

UK earnings, trading statements calendar - next 7 days

Thursday 18 May 
Brighton Pier Group PLCFull Year Results
BT Group PLCFull Year Results
Burberry Group PLCFull Year Results
ConvaTec Group PLCTrading Statement
easyJet PLCHalf Year Results
Energean PLCTrading Statement
Future PLCHalf Year Results
Helios Towers PLCQ1 Results
International Distributions Services PLCFull Year Results
Investec PLC and LtdFull Year Results
National Grid PLCFull Year Results
Nexus Infrastructure PLCHalf Year Results
Premier Foods PLCFull Year Results
Premier Miton Group PLCFull Year Results
TheWorks.co.uk PLCTrading Statement
Tritax EuroBox PLCHalf Year Results
Tyman PLCTrading Statement
Vesuvius PLCTrading Statement
Friday 19 May 
IQE PLCFull Year Results
Knights Group Holdings PLCTrading Statement
Smiths Group PLCQ3 Results
Titon Holdings PLCHalf Year Results
Tharisa PLCHalf Year Results
Monday 22 May 
Big Yellow Group PLCFull Year Results
Chrysalis Investments LtdTrading Statement
Henderson European Focus Trust PLCHalf Year Results
Kainos Group PLCFull Year Results
Pershing Square Holdings LtdQ1 Results
Ryanair Holdings PLCFull Year Results
Schroder Oriental Income Fund LtdHalf Year Results
Wincanton PLCFull Year Results
Tuesday 23 May 
Assura PLCFull Year Results
Avon Protection PLCHalf Year Results
Benchmark Holdings PLCHalf Year Results
Bytes Technology Group PLCFull Year Results
Caledonian Trust PLCFull Year Results
Calnex Solutions PLCFull Year Results
Cranswick PLCFull Year Results
Engage XR Holdings PLCFull Year Results
FD Technologies PLCFull Year Results
Forterra PLCFull Year Results
Harworth Group PLCTrading Statement
Helical PLCFull Year Results
Hilton Food Group PLCTrading Statement
Ixico PLCHalf Year Results
JPMorgan China Growth & Income PLCHalf Year Results
Pebble Group PLCFull Year Results
Princess Private Equity Holding LtdQ1 Results
Residential Secure Income PLCHalf Year Results
RS Group PLCFull Year Results
Schroder AsiaPacific Fund PLCHalf Year Results
Seraphim Space Investment Trust PLCQ1 Results
SSP Group PLCHalf Year Results
Topps Tiles PLCHalf Year Results
Trellus Health PLCFull Year Results
Victorian Plumbing Group PLCHalf Year Results
Watkin Jones PLCHalf Year Results
Wednesday 24 May 
Aviva PLCTrading Statement
Bakkavor Group PLCTrading Statement
Bodycote PLCTrading Statement
C&C Group PLCFull Year Results
Close Brothers Group PLCTrading Statement
Ediston Property Investment Co PLCHalf Year Results
Empiric Student Property PLCTrading Statement
Esken LtdFull Year Results
Great Portland Estates PLCFull Year Results
Gym Group PLCTrading Statement
HICL Infrastructure PLCFull Year Results
Intertek Group PLCTrading Statement
Kier Group PLCTrading Statement
Kingfisher PLCQ1 Results
LondonMetric Property PLCFull Year Results
Majedie Investments PLCHalf Year Results
Marks & Spencer Group PLCFull Year Results
Mediclinic International PLCFull Year Results
Mortgage Advice Bureau Holdings PLCTrading Statement
N Brown Group PLCFull Year Results
Petershill Partners PLCTrading Statement
Purplebricks Group PLCTrading Statement
Regional REIT LtdTrading Statement
Sabre Insurance Group PLCTrading Statement
Severn Trent PLCFull Year Results
Sondrel Holdings PLCFull Year Results
SSE PLCFull Year Results
Tullow Oil PLCTrading Statement
Wynnstay Properties PLCFull Year Results
Zotefoams PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
3 May 2023 08:00

One in five UK households to buy more groceries for coronation -NIQ

King Charles to be crowned on May 6

*

Read more
26 Apr 2023 14:49

Global finance 'giant' Win Bischoff lauded by industry as dies aged 81

LONDON, April 26 (Reuters) - Win Bischoff, who was among the most influential and celebrated financiers of his generation, has died at the age of 81, prompting tributes from the industry he helped shape.

Read more
25 Apr 2023 16:57

UK's Ocado to close its oldest warehouse, 2,300 jobs at risk

Hatfield site opened in 2002

*

Read more
25 Apr 2023 10:22

Ocado to shut Hatfield fulfilment site, putting 2,600 jobs at risk

(Alliance News) - Ocado Group PLC on Tuesday said Ocado Retail Ltd plans to close its Hatfield customer fulfilment centre, north of London.

Read more
18 Apr 2023 14:04

EXECUTIVE CHANGES: Wynnstay adds former Waitrose and M&S exec to board

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News:

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.