The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 295.40
Bid: 295.20
Ask: 295.40
Change: 2.80 (0.96%)
Spread: 0.20 (0.068%)
Open: 289.00
High: 295.50
Low: 289.00
Prev. Close: 292.60
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: PZ Cussons, Finsbury Food Group

Sun, 25th Jan 2015 18:29

Sell shares of PZ Cussons, Danny Fortson recommended in the Sunday Times. The maker of Imperial Leather soap has been hit by economic problems in Nigeria, its biggest market, and pressure applied to suppliers by the UK supermarkets. Cussons' Chief Executive Alex Kanellis will struggle to meet forecasts for this year, the Inside the City columnist said. Cheaper oil will mean more money in most of the world's consumers' pockets but Cussons will face further problems in Nigeria, which is also grappling with an insurgency. Cussons has steered itself admirably but more pain is in store.Steer clear of PZ Cussons shares, Questor said in the Sunday Telegraph. It is a quality company for the long-term and its consumer products provide steady revenue but the shares look far too expensive, trading as they do on 19 times forecast earnings. As well as its problems in Nigeria, Cussons faces supermarket price wars and price deflation in Europe. With the founding family still holding 35% of the shares there is also a lack of liquidity. Questor said the shares should be avoided two years ago and has reiterated that stance now.Buy shares of Finsbury Food Group, Midas advised in the Mail on Sunday. The cakemaker struggled after the financial crisis but it has strengthened its balance sheet and doubled in size by buying breadmaker Fletchers. The deal expands Finsbury's range and takes it into new markets, bringing a relationship with Marks & Spencer. It also has a growing place in the eating out-market. The plan is to bed down the Fletchers acquisition while keeping an eye out for other acquisitions. Finsbury should also benefit from falling costs for raw materials. The company is on a growth path and has a progressive dividend policy.
More News
19 Jan 2024 08:50

LONDON MARKET OPEN: FTSE 100 rises amid UK shock retail sales print

(Alliance News) - Stock prices in London outperformed on Friday's market open, after weaker-than-expected UK retail sales data appeared to stoke hopes of an earlier interest rate cut.

Read more
18 Jan 2024 12:47

M&S to invest £30m in Scottish stores

(Sharecast News) - Marks & Spencer Group is to invest £30m overhauling its Scottish offering, including closing one of its stores in Aberdeen, the retailer said on Thursday.

Read more
17 Jan 2024 16:55

LONDON MARKET CLOSE: Stocks slump as Fed rate cut hope dwindles

(Alliance News) - European equities slumped on Wednesday, as interest rate expectations, on both sides of the Atlantic, were re-assessed on the back of some hawkish rhetoric and hotter inflation data.

Read more
16 Jan 2024 12:00

Britain's Ocado Retail pauses new sites for two to three years

Hatfield site closed in 2023, Luton opened

*

Read more
16 Jan 2024 09:08

Britain's Ocado Retail won't open new sites in next 2 to 3 years -CEO

LONDON, Jan 16 (Reuters) - British online supermarket Ocado Retail is currently operating at about 75% of its capacity and does not expect to open any new robotic warehouses in the UK for two to three years, its boss said on Tuesday.

Read more
16 Jan 2024 08:50

Ocado Retail CEO: Red Sea disruption impact will be minimal

LONDON, Jan 16 (Reuters) - The chief executive of Ocado Retail said she is not expecting to see much impact on the British online supermarket from disruption to shipping in the Red Sea.

Read more
16 Jan 2024 08:26

Britain's Ocado Retail returns to positive earnings in 2022/23 year

Q4 2022/23 revenue up 10.9%

*

Read more
16 Jan 2024 07:09

Britain's Ocado Retail returns to positive earnings in 2022/23 year

LONDON, Jan 16 (Reuters) - British online supermarket Ocado Retail said on Tuesday it would meet its forecast of a return to positive earnings for its full 2022/23 year after reporting fourth quarter to Nov. 26 revenue growth of 10.9%.

Read more
12 Jan 2024 09:14

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

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

Read more
11 Jan 2024 17:24

European shares fall as hot U.S. inflation data rains on rate-cut hopes

WPP down after UBS downgrade

*

Read more
11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

*

Read more
11 Jan 2024 16:53

LONDON MARKET CLOSE: Stocks lower on hotter-than-expected US inflation

(Alliance News) - Stock prices in London closed lower on Thursday, after US rate cut expectations suffered a setback following some hotter-than-expected inflation data.

Read more
11 Jan 2024 16:34

London close: Stocks fall as US inflation comes in hot

(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.

Read more
11 Jan 2024 12:02

Partying Britons boost Tesco and M&S at Christmas but cautious for new year

LONDON, Jan 11 (Reuters) - Britons splashed out on premium and party food at Tesco and Marks & Spencer over Christmas, prioritising treats at home over eating out, and favouring the biggest retailers for their festive spending in still tough economic conditions.

Read more
11 Jan 2024 12:00

LONDON MARKET MIDDAY: Stocks level out as US inflation nerves kick in

(Alliance News) - Upbeat morning trade for European markets gave way to caution by midday on Thursday, as investors look to a make-or-break US inflation reading, and what it could mean for the Federal Reserve interest rate outlook.

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.