The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo 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: 309.30
Bid: 308.60
Ask: 308.90
Change: -0.80 (-0.26%)
Spread: 0.30 (0.097%)
Open: 310.50
High: 310.50
Low: 307.40
Prev. Close: 310.10
MKS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UBS downgrades N Brown on competition concerns

Wed, 12th Mar 2014 10:49

UBS has downgraded its rating for N Brown, the online and catalogue home shopping group, from 'neutral' to 'sell', raising concerns with competition from some well-known High Street names.The bank said that N Brown has to "continually improve the fashionability of its clothing offer to appeal to a wider UK and increasingly global audience" in order to deliver the next leg of growth."The aim is to push clothes designed specifically for plus-sized customers into the larger end of mainstream clothing markets. The brand consolidation and UK stores should allow for more effective marketing and consequent increase in brand awareness. "However, the size 16-18 women's clothing market is the stomping ground of some of the industry heavyweights, such as M&S, Next and Debenhams, and this move away from their differentiated, core niche increases the risk." Recent sales growth at N Brown has been strong but UBS said this has been largely offset by underlying investment in customer acquisition and distribution costs which will impact on margins.The stock was down 2.1% at 567.5p by 10:46.The target price for the stock has been lowered from 565p to 535p.BC
More News
15 Aug 2023 08:29

TOP NEWS: Marks & Spencer shares boosted by rosy outlook

(Alliance News) - Marks & Spencer Group PLC shares were up on Tuesday, after it shared an improved outlook for its financial year.

Read more
15 Aug 2023 08:16

Britain's M&S raises profit outlook after strong trading

Now expects profit growth in 2023-24 year

*

Read more
15 Aug 2023 08:07

London open: Housing stocks pull FTSE lower on rate-hike fears

(Sharecast News) - The FTSE 100 dropped in early trade on Tuesday as investors reacted to an unexpected acceleration in UK wage growth and a surprise interest rate cut in China.

Read more
15 Aug 2023 07:49

LONDON BRIEFING: L&G profit falls on investments; M&S outlook rosy

(Alliance News) - Stocks in London are expected to edge up at Tuesday's open, as investors weigh the latest economic data from the UK and Asia.

Read more
15 Aug 2023 07:20

London pre-open: FTSE 100 to bounce off one-month low

(Sharecast News) - London stocks were set for a slight rebound on Tuesday morning after falling to a one-month low, as investors digested some key data from the UK labour market, and a surprise rate cut in China overnight.

Read more
15 Aug 2023 07:01

M&S lifts guidance as food, clothing sales surge

(Sharecast News) - UK food, clothes and homewares retailer Marks & Spencer on Tuesday lifted guidance for half-year profits after strong sales growth in the first 19 weeks of its financial year, sending its shares soaring.

Read more
1 Aug 2023 09:24

LONDON BROKER RATINGS: JPMorgan cuts L&G, St James's price target

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

Read more
27 Jul 2023 12:30

Zara owner Inditex says it will stop buying clothes from Myanmar

LONDON, July 27 (Reuters) - Zara owner Inditex is in the process of stopping purchases from Myanmar, the company told Reuters on Thursday, as a result of a campaign by global workers' union IndustriALL to convince companies to divest from the country.

Read more
18 Jul 2023 10:33

Ocado jumps on return to first-half underlying profit

First-half underlying profit 16.6 mln stg

*

Read more
18 Jul 2023 09:34

Ocado hits five-month high after return to profit, keeping guidance

LONDON, July 18 (Reuters) - Ocado shares surged on Tuesday after the British online supermarket and technology group kept its financial guidance for the year as it reported a return to underlying profit in its first half.

Read more
18 Jul 2023 09:09

TOP NEWS: UK grocery price inflation ebbs at fastest pace since peak

(Alliance News) - UK grocery price inflation calmed once again, market research from Kantar showed on Tuesday, while supermarket sales got a boost from more summer staples such as hay fever medication and strawberries moving through the tills.

Read more
18 Jul 2023 08:46

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

(Alliance News) - Ocado Group PLC on Tuesday affirmed yearly guidance with both its grocery and warehouse technology arms seeing half-year revenue growth.

Read more
18 Jul 2023 08:45

LONDON MARKET OPEN: Ocado, Darktrace outperform amid muted trade

(Alliance News) - Stock prices in London opened in the green on Tuesday, boosted by some well-received company updates.

Read more
18 Jul 2023 08:45

LONDON MARKET OPEN: Ocado, Darktrace outperform amid muted trade

(Alliance News) - Stock prices in London opened in the green on Tuesday, boosted by some well-received company updates.

Read more
18 Jul 2023 00:01

Iceland Foods joins UK supermarket rivals in cutting prices

LONDON, July 18 (Reuters) - Iceland Foods on Tuesday became the latest supermarket group in Britain to announce food price cuts, in a further sign that a surge in food inflation over the last year could be abating.

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.