An announcement from Marks and Spencer ( (GB:MKS) ) is now available.
Marks and Spencer Group PLC has announced that its capital comprises 2,055,978,755 ordinary shares with voting rights, with no shares held in Treasury. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure and Transparency Rules, potentially impacting shareholder engagement and compliance.
Spark’s Take on GB:MKS Stock
According to Spark, TipRanks’ AI Analyst, GB:MKS is a Outperform.
Marks and Spencer’s stock demonstrates a strong overall performance, driven primarily by robust financial growth and stable market momentum. While technical indicators and valuation reveal a well-positioned stock in the market, recent corporate events, particularly the cyber incident, introduce some risks. Nonetheless, the acquisition of shares by directors indicates confidence in long-term growth, balancing the risk-reward profile.
To see Spark’s full report on GB:MKS stock, click here.
More about Marks and Spencer
Marks and Spencer Group PLC is a major British multinational retailer known for its clothing, home products, and food items. The company operates in the retail industry, focusing on providing quality products to a broad customer base.
YTD Price Performance: 3.60%
Average Trading Volume: 9,173,597
Technical Sentiment Signal: Sell
Current Market Cap: £7.87B
Learn more about MKS stock on TipRanks’ Stock Analysis page.