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MKS Marks And Spencer Group Plc

364.70
1.70 (0.47%)
Last Updated: 08:43:10
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Marks And Spencer Group Plc LSE:MKS London Ordinary Share GB0031274896 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  1.70 0.47% 364.70 355,249 08:43:10
Bid Price Offer Price High Price Low Price Open Price
364.40 364.80 367.10 364.50 365.20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc General Mdse Stores 13.04B 431.2M 0.2102 17.27 7.45B
Last Trade Time Trade Type Trade Size Trade Price Currency
08:44:08 O 271 364.5796 GBX

Marks And Spencer (MKS) Latest News

Marks And Spencer (MKS) Discussions and Chat

Marks And Spencer Forums and Chat

Date Time Title Posts
20/11/202420:36Marks & Sparks, chat and charts14,176
20/11/202415:49JUST Marks And Spencer (MKS)2,913
20/11/202414:55Archie Norman bringing home the M&S bacon1,476
10/12/202220:23MKS8,912
26/7/202215:51MKS sparks and its on its way to Ј8 1

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Marks And Spencer (MKS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:44:10364.58271988.01O
08:42:50364.702771,010.22AT
08:42:50364.704201,531.74AT
08:42:50364.701,1924,347.22AT
08:42:50364.704381,597.39AT

Marks And Spencer (MKS) Top Chat Posts

Top Posts
Posted at 20/11/2024 08:20 by Marks And Spencer Daily Update
Marks And Spencer Group Plc is listed in the Misc General Mdse Stores sector of the London Stock Exchange with ticker MKS. The last closing price for Marks And Spencer was 363p.
Marks And Spencer currently has 2,051,028,795 shares in issue. The market capitalisation of Marks And Spencer is £7,445,234,526.
Marks And Spencer has a price to earnings ratio (PE ratio) of 17.27.
This morning MKS shares opened at 365.20p
Posted at 20/11/2024 15:49 by davemac3
is MKS just pausing at long term resistance, don't know how to post a chart on here but the shares recently hit resistance on chart going back to 2007.
Posted at 14/11/2024 13:11 by bigbigdave
5 Broker upgrades, I say MKS is going back up from here.

JPMORGAN RAISES MARKS & SPENCER PRICE TARGET TO 440 (425) PENCE - 'OVERWEIGHT'
UBS RAISES MARKS & SPENCER PRICE TARGET TO 465 (435) PENCE - 'BUY'
GOLDMAN RAISES MARKS & SPENCER PRICE TARGET TO 475 (420) PENCE - 'BUY'
DEUTSCHE BANK RESEARCH RAISES MARKS & SPENCER PRICE TARGET TO 450 (430) PENCE - 'BUY'
RBC RAISES MARKS & SPENCER PRICE TARGET TO 450 (400) PENCE - 'OUTPERFORM'
Posted at 07/11/2024 12:38 by martywidget
JPMorgan raises Marks & Spencer price target to 440 (425) pence - 'overweight'

Deutsche Bank Research raises Marks & Spencer price target to 450 (430) pence - 'buy'



Goldman Sachs raises Marks & Spencer price target to 475 (420) pence - 'buy'

UBS raises Marks & Spencer price target to 465 (435) pence - 'buy'
Posted at 07/11/2024 11:13 by martywidget
Goldman Sachs raises Marks & Spencer price target to 475 (420) pence - 'buy'

UBS raises Marks & Spencer price target to 465 (435) pence - 'buy'

JPMorgan raises Marks & Spencer price target to 440 (425) pence - 'overweight'

Deutsche Bank Research raises Marks & Spencer price target to 450 (430) pence - 'buy'
Posted at 04/11/2024 13:10 by martywidget
Can Marks & Spencer maintain its ‘remarkable’ momentum?

The retail stalwart is in rude health, but the shares have already rallied hard this year

Marks & Spencer’s (MKS) stock is up the best part of 80% over one year and has rallied 40% year-to-date, driven by positive momentum in both food and clothing and a recent return to the dividend trail which has attracted income seekers.

This suggests the British retail institution will need to deliver a positive outlook and/or another profit upgrade alongside its first-half results (6 November) if its share price re-rating has further to run. Another impending catalyst an investor event (12 November), where management will update the market on the FTSE 100’s retailer’s growth strategy including exciting store renewal and expansion plans.
Posted at 25/10/2024 13:12 by philanderer
Broker tips M&S shares to hit their highest level since 2015


Peel Hunt upgrades to 425p while UBS says shares could hit 435p
M&S will update investors on its first half next week amid store expansion

Broker Peel Hunt has upgraded its expectations for Marks & Spencer's shares, with analysts backing the retailer's ambitious food-only expansion plans.

M&S, which will next week update investors on its first half performance, has become Britain's fastest growing supermarket under the leadership of boss Stuart Manchin.

Machin has helped lure in shoppers despite a tough consumer backdrop as M&S has invested in larger food halls and launched new products.

It has helped drive M&S shares almost 40 per cent higher since the start of 2024. They have added more than 75 per cent over the last 12 months.

Peel Hunt on Friday hiked its M&S share price target from 360p to 425p - 12.7 per cent above their current level of 377.1p as of midmorning.

It follows another vote of confidence from analysts at UBS, which in September upgraded its M&S target share price to 435p – higher than at any point since December 2015.

M&S opened four food-only stores in the first half of the financial year, with plans to open five more in the second half and 10 more next year.

It is hoping to grow its food-only offering from 325 to 400 sites nationwide.

Peel Hunt analysts said a recent trip to M&S's new Friern Barnet store – a 18,000 square-foot site previously hosting a Furniture Village – showed the value of the retailer's recent investments.

'The maths clearly works given the immediate sales densities,' they added.

'M&S is not going mad with its opening programme, but stores like Friern Barnet show what a potent model M&S now has for new/refitted stores.

'The interims on 6 November should showcase a good, if not great 1H, but current trading is probably decent, judging by the weather. An upgrade is possible, and as the consumer starts to gain confidence, the risk profile has changed.'

Daily Mail
Posted at 17/9/2024 17:28 by debsdowner
Thanks guy's I have edited my post look forward to watching later and assume both of you will as well.

Enjoy the ride in the share price as well more than trebling and nearly quadrupling from it's lows.

Marks a safer stock than all those risky AIM stocks some many gamble on hoping to more than double their money.
Posted at 16/9/2024 14:10 by qantas
Sharecast News) - RBC Capital Markets lifted its price target on Marks & Spencer on Monday to 400p from 350p as it raised estimates on the 'outperform' rated stock, pointing to sales momentum and the recent re-rating of the UK food retail sector.
The bank said the M&S share price has performed well year-to-date but it sees further upside driven by food outperformance, clothing full price sales and the retailer's strong cash generation.

"Food price and value perception strong," RBC said. "We think other grocery retailers have been more focused on loyalty and the value end of their offers.

"Also, the eating out to eating in trend has helped M&S in our view."

RBC noted that for the latest 12 weeks to 1 September, Kantar data suggested food value growth was 11.7% year-on-year versus the market at +3.4%, with volume growth at +9.4%, versus 1.5% for the market.

"However, M&S' H1 result will be affected by the lack of an Easter food shop and no Coronation this year," it added.

As far as clothing is concerned, RBC said M&S "held its nerve over the summer".

"We note that M&S didn't go on sale until August this year. We also think it has seen a positive margin mix effect from Autograph outperformance," it said.
Posted at 08/9/2024 10:30 by johnwise
However, it’s hard to dispute that M&S deserves credit for embracing online sales, which now account for nearly a third of revenue. The company has also cut costs by boosting efficiencies, especially in logistics. It has closed down tired and poorly performing stores in favour of newer, more modern stores in better locations. Just two years into a long-term reorganisation, the potential gains are far from exhausted. At the same time, the closure of several well-known rival brands on the high street, as well as the continued expansion of its online businesses, should also help.

Overall, M&S has seen sales grow by just under 50% over the past three years, with its profits expanding fivefold during the same period. Sales are expected to keep growing over the next few years. Another sign that it has turned the corner is the decision at the end of last year to resume paying the dividend that it stopped during the pandemic. Operating margins have also gone up and it is achieving a double-digit return on capital employed. Despite this, the shares trade at only 12 times forecast 2026 earnings – the same valuation as Tesco and Sainsbury’s, both of which have been less successful recently.

As well as the strong prospects and cheap valuation, M&S’s share price continues to exhibit positive momentum. It is currently trading above its 50-day and 200-day moving averages, and has been the third best-performing share in the FTSE 100 (including dividends) over the past six months, only slightly behind Darktrace and Hargreaves Lansdown, which have been taken over.
Posted at 18/5/2024 18:40 by johnwise
Marks & Spencer (MKS.L) — Reports on Wednesday 22 May


​​Investors expect Marks & Spencer’s upcoming full year earnings to show an ongoing recovery for the British retailer.

Analysts have nudged up the consensus underlying pre-tax profit forecast for the year to March 2024 to £653m, compared to the range of £550m to £600m that had prevailed before the interims, according to AJ Bell.

"Shares in Marks & Spencer are trading very close to five-year highs, and they rank as the second-best performers within the ranks of the FTSE 100 (^FTSE) over the past 12 months. However, the share price is almost unchanged in 2024 and that slight loss of momentum may reflect, bottom up, management’s efforts to keep a lid on earnings forecasts and, top down, the delay on the long-awaited interest cuts from the Bank of England," the investment platform analysts said.

Adding to the positive sentiment surrounding M&S shares is the recent bullish stance taken by several brokers. Last month, both JPMorgan and Jefferies upgraded the stock to the equivalent of "buy" ratings.

"Such broker upgrades often serve as a positive factor for a stock's performance, as they can influence investor sentiment and attract additional demand," Chris Beauchamp, chief market analyst at IG, wrote.

For the current fiscal year, the dividend forecast stands at 6.2p, representing a yield of 2.3% at the current share price.

"Notably, this dividend forecast is nearly double the figure for the previous year ended 31 March. With dividends on the rise, M&S could potentially attract a new set of investors seeking passive income streams," he added.

Guy Lawson-Johns, equity analyst at Hargreaves Lansdown, reminds investors that the retail sector is tricky.

“So far, trading this year has given Marks and Spencer shareholders plenty to be happy about. Growing market share and margins whilst embarking on a significant cost-cutting programme is a tough balancing act, but the group’s nailed it so far. Along with Lidl and the retail arm of Ocado (OCDO.L), which it owns a 50% share of, M&S is ranked as Britain’s fastest-growing grocer over the last quarter," he said.

"But the retail sector is a notoriously tricky operating environment and wage inflation and business rates have provided an unwanted challenge to its cost cutting programme. Despite this, next week’s full-year results are still expected to land in line with analyst estimates. This includes revenue growth of 8.9% over the year, to £13bn, and operating profit growth of 28.5% to £805m", he added.

Stocks to watch next week
Marks And Spencer share price data is direct from the London Stock Exchange

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