Marks & Spencer: Morgan Stanley says 'Equal weight'

(CercleFinance.com) - Morgan Stanley has resumed its coverage of the Marks & Spencer share with an "equal weight" recommendaWe have mixed views on recent developments at M&S".


"We remain optimistic about the turnaround potential long term, but the nearer term risk-reward profile doesn't look very appealing," the broker summarisesin its research note.


Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.