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MarksAndSpencrGrp Ord25P (MKS)

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08-Jan-2021 07:44 AM

Marks & Spencer sales drop 8% in third quarter

Marks & Spencer reported a slump in profits in the run up to Christmas as trading restrictions resulting from the Covid-19 pandemic continue to take their toll. The company said total group revenues fell 8.4% to £2.7 billion in the 13 weeks to 26
08-Dec-2020 01:51 PM

Outgoing Bupa CEO joining M&S board

Evelyn Bourke, the outgoing CEO of Bupa Group, is joining the board of Marks and Spencer Group from the 1st February 2021. Bourke is due to retire from Bupa in December and will join the audit and nomination committees when she joins M&S. As well as her
04-Nov-2020 07:29 AM

Marks & Spencer posts 16% first half revenue drop

Retailer Marks & Spencer saw revenue fall 15.8% in the six-month period to 26 September but hailed a 'robust performance' overall in the face of Covid-19. The company posted a statutory pre-tax loss of £87.6 million, down from a pre-tax p
15-Sep-2020 12:45 PM

Upbeat earnings and M&A drive solid gains for FTSE at lunchtime

The UK's leading stocks rallied through the late morning session on Tuesday as investors were lifted by positive earnings reports and the recent spate of takeover deals. In total the value of global merger and acquisition (M&A) deals this month is ap
18-Aug-2020 07:28 AM

Marks & Spencer to cut 7,000 jobs as sales continue to slide

Clothing and food retailer Marks & Spencer said it would cut 7,000 jobs, as it reported a slump in revenue at its clothing business. The positions would be cut over the next three months and would affect UK stores, regional management and the company&apo
15-Jul-2020 08:30 AM

Broker Forecast - Barclays Capital issues a broker note on Marks & Spencer Group PLC

Barclays Capital today reaffirms its overweight investment rating on Marks & Spencer Group PLC (LON:MKS) and cut its price target to 140p (from 155p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk..
03-Jul-2020 03:00 PM

Broker Forecast - Societe Generale issues a broker note on Marks & Spencer Group PLC

Societe Generale today reaffirms its hold investment rating on Marks & Spencer Group PLC (LON:MKS) and raised its price target to 102p (from 96p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
03-Jun-2020 11:10 AM

Broker Forecast - Jefferies International issues a broker note on Marks & Spencer Group PLC

Jefferies International today upgrades its investment rating on Marks & Spencer Group PLC (LON:MKS) to buy (from hold) and cut its price target to 160p (from 230p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesma
25-May-2020 01:10 PM

Broker Forecast - JP Morgan Cazenove issues a broker note on Marks & Spencer Group PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Marks & Spencer Group PLC (LON:MKS) and cut its price target to 170p (from 200p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
25-May-2020 01:00 PM

Broker Forecast - Barclays Capital issues a broker note on Marks & Spencer Group PLC

Barclays Capital today reaffirms its overweight investment rating on Marks & Spencer Group PLC (LON:MKS) and cut its price target to 155p (from 175p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk..
21-May-2020 11:50 AM

Broker Forecast - Berenberg issues a broker note on Marks & Spencer Group PLC

Berenberg today reaffirms its buy investment rating on Marks & Spencer Group PLC (LON:MKS) and cut its price target to 125p (from 135p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-May-2020 07:10 AM

Marks & Spencer profit slumps 20% as clothing sales sag

Clothing and food retailer Marks & Spencer posted a 20% drop in annual profit after clothing sales were crimped in the latter part of its financial year by the Covid-19 crisis. Pre-tax profit for the year through March fell to £67.2m, down from &po
13-May-2020 10:40 AM

Broker Forecast - UBS issues a broker note on Marks & Spencer Group PLC

UBS today reaffirms its neutral investment rating on Marks & Spencer Group PLC (LON:MKS) and cut its price target to 100p (from 205p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
12-May-2020 12:00 PM

Broker Forecast - Morgan Stanley issues a broker note on Marks & Spencer Group PLC

Morgan Stanley today upgrades its investment rating on Marks & Spencer Group PLC (LON:MKS) to overweight (from equal weight) and cut its price target to 160p (from 215p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sh
06-May-2020 07:18 AM

Ocado grocery revenue jumps; completes warehouses in Canada, France

Online grocer Ocado said growth at its retail joint venture with Marks & Spencer had jumped 40% so far in the second quarter, as Covid-19 lockdowns sparked a surge in demand for home deliveries. Ocado said the number of items per basket appeared to have
04-May-2020 01:40 PM

Broker Forecast - RBC Capital Markets issues a broker note on Marks & Spencer Group PLC

RBC Capital Markets today reaffirms its outperform investment rating on Marks & Spencer Group PLC (LON:MKS) and cut its price target to 120p (from 125p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.u
29-Apr-2020 04:20 PM

Broker Forecast - Goldman Sachs issues a broker note on Marks & Spencer Group PLC

Goldman Sachs today reaffirms its buy investment rating on Marks & Spencer Group PLC (LON:MKS) and cut its price target to 120p (from 140p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Apr-2020 07:31 AM

Marks & Spencer doesn't expect to pay dividends this year; gets covenant waivers

Clothing and food retailer Marks & Spencer said it did not expect to pay any dividends for the 2021 financial year as the Covid-19 crisis crunches sales. Marks & Spencer also said that its banks had agreed to relax loan covenants associated with a £
24-Apr-2020 10:20 AM

Broker Forecast - Credit Suisse issues a broker note on Marks & Spencer Group PLC

Credit Suisse today upgrades its investment rating on Marks & Spencer Group PLC (LON:MKS) to outperform (from underperform) and cut its price target to 125p (from 185p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sha
20-Apr-2020 12:30 PM

Broker Forecast - Goldman Sachs issues a broker note on Marks & Spencer Group PLC

Goldman Sachs today reaffirms its buy investment rating on Marks & Spencer Group PLC (LON:MKS) and cut its price target to 140p (from 150p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
17-Apr-2020 09:10 AM

Broker Forecast - Peel Hunt issues a broker note on Marks & Spencer Group PLC

Peel Hunt today reaffirms its hold investment rating on Marks & Spencer Group PLC (LON:MKS) and cut its price target to 125p (from 200p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
15-Apr-2020 04:10 PM

Broker Forecast - Citigroup issues a broker note on Marks & Spencer Group PLC

Citigroup today downgrades its investment rating on Marks & Spencer Group PLC (LON:MKS) to neutral (from buy) and cut its price target to 120p (from 265p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.c
23-Mar-2020 02:30 PM

Broker Forecast - Barclays Capital issues a broker note on Marks & Spencer Group PLC

Barclays Capital today reaffirms its overweight investment rating on Marks & Spencer Group PLC (LON:MKS) and cut its price target to 175p (from 250p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk..
20-Mar-2020 07:28 AM

Marks & Spencer warns on profits; scraps dividend

Clothing and food retailer Marks & Spencer scrapped its dividend and warned its annual result for the 2020 financial year could come in below its current guidance range, as the coronavirus hits its clothing unit. The company also warned that its performa
06-Mar-2020 11:10 AM

Broker Forecast - Goldman Sachs issues a broker note on Marks & Spencer Group PLC

Goldman Sachs today reaffirms its buy investment rating on Marks & Spencer Group PLC (LON:MKS) and cut its price target to 200p (from 215p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
 
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