Broker Recommendations

Berenberg upgrades Marks & Spencer to 'buy'

By Michele Maatouk

Date: Friday 09 Jan 2026

(Sharecast News) - Berenberg upgraded Marks & Spencer on Friday to 'buy' from 'hold' and nudged the price target up to 415p from 412p.
The bank said share price weakness in November and December has brought the forward price-to-earnings valuation (to March 2027E) down to a "relatively attractive" 10x.

"At...

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