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MAKSY / Marks & Spencer downgraded on weaker demand fears

Marks & Spencer downgraded on weaker demand fears
Marks and Spencer Group PLC has been downgraded from a ‘buy' to a ‘neutral' rating by CitiGroup analysts over concerns that demand will deteriorate in the coming years. “Whilst we continue to view M&S's transformation positively, we also continue to expect the demand environment to deteriorate across 2023 and into 2024,” the bank said. Read More
Posted: May 18 2023, 06:11
Author Name: Proactive Investors
Views: 111689

MAKSY News  

Marks & Spencer will show its curve after business ‘Reshape'

By Proactive Investors
November 3, 2023

Marks & Spencer will show its curve after business ‘Reshape'

Marks and Spencer Group PLC (LSE:MKS) shareholders will be waiting with bated breath after a buoyant update in August suggested a strong trading out more_horizontal

Should Value Investors Buy Marks and Spencer Group (MAKSY) Stock?

By Zacks Investment Research
October 3, 2023

Should Value Investors Buy Marks and Spencer Group (MAKSY) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

Marks and Spencer Is Not There Yet

By Seeking Alpha
September 20, 2023

Marks and Spencer Is Not There Yet

The British retailer is on the path to recovery. The new financial year has got off to a good start. The positives, however, look already priced in. more_horizontal

Sparks flies: how frumpy Marks & Spencer became fashionable again

By The Guardian
September 3, 2023

Sparks flies: how frumpy Marks & Spencer became fashionable again

Four years ago the venerable retailer fell out of the FTSE 100, suffering a humiliating blow to its prestige. But now it has turned things around more_horizontal

What made Marks and Spencer stock jump 8.0% on Tuesday?

By Invezz
August 15, 2023

What made Marks and Spencer stock jump 8.0% on Tuesday?

Shares of Marks and Spencer Group Plc (LON: MKS) ended nearly 8.0% up on Tuesday after the retailer raised its profit outlook for the full year. more_horizontal

Marks & Spencer Shares Soar 8% On Upgrade To Profit Forecasts

By Forbes
August 15, 2023

Marks & Spencer Shares Soar 8% On Upgrade To Profit Forecasts

Like-for-like sales at the company's Clothing & Home and Food divisions rose 6% and 11% respectively during the 19 weeks to 12 August. more_horizontal

Marks & Spencer: Is City sentiment turning for the retailer?

By Proactive Investors
August 2, 2023

Marks & Spencer: Is City sentiment turning for the retailer?

Is Marks & Spencer Group PLC, a mainstay of UK retail, witnessing a transformation in investor sentiment? Recent reports from both Shore Capital and B more_horizontal

A new dawn for Marks & Spencer: Time to buy?

By Proactive Investors
August 1, 2023

A new dawn for Marks & Spencer: Time to buy?

Barclays Capital's recent research note on Marks and Spencer Group PLC offers a persuasive argument for optimism in the high street retailer's future more_horizontal


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