0R15 8520.0 0.0% 0R1E 8203.0 0.0% 0M69 21090.0 67.5139% 0R2V 226.02 9878.8079% 0QYR None None% 0QYP 412.97 -2.8306% 0RUK 2652.0 -9.2402% 0RYA 1554.0 -0.7029% 0RIH 174.55 -1.3563% 0RIH 165.15 -5.3853% 0R1O 198.5 9800.2494% 0R1O None None% 0QFP None None% 0M2Z 267.777 -0.1763% 0VSO 32.05 -9.9846% 0R1I None None% 0QZI 559.0 0.7207% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 165.7358 2.7149%
Marks and Spencer Group PLC (LSE: MKS)
Marks and Spencer Group PLC (LSE: MKS) is an FTSE 250 index-listed supplier of clothing, footwear, home furnishings, beauty care, accessories, and food products through a network of retail stores and online channels. This Report covers the Conclusion, and Recommendation on the stock.
As per the previous ‘Earnings Hunter’ Report published on MKS on 06th February 2024, Kalkine provided an ‘Attractive’ stance on the stock at GBX 240.90 based on the ‘Earnings Hunter Score’, and the stock price has moved by 10.00% since then and the price crossed the Resistance 1 level.
Noted below are the details of support and resistance levels provided in the previous report:
MKS Daily Chart
Considering the current trading levels and uncertain macro environment, the stock seems ‘Unattractive’ at the closing market price of GBX 265.10 (as of 28 March 2024).
Note: This report may be updated with details around fundamental and technical analysis, price/ chart in due course, as appropriate.
Marks and Spencer Group PLC (LSE: MKS) is a part of Kalkine’s Earnings Hunter Report
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is 28 March 2024. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.
Note 4: ‘Kalkine reports are prepared based on the stock prices captured either from the London Stock Exchange (LSE) and or REFINITIV. Typically, both sources (LSE and or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’
Note 5: Dividend Yield may vary as per the stock price movement.
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