From Morningstar: 2024-12-11 06:06:56

Marks & Spencer (MKS) is relaunched with a fair value estimate of 342p, 2-star stock rating, and 40% share price increase this year. Despite UK headwinds, the retailer is seeing improvement with new management. The turnaround includes store optimization, supply chain improvements, and product portfolio enhancements. The Ocado deal is expected to boost revenue growth, with food sales as the main driver. Analysts have varying price targets for the stock.



Read more at Morningstar: Relaunching Marks & Spencer Coverage: Shares Overvalued