Berenberg Bank Maintains Hold Recommendation on Marks and Spencer Group plc Depositary Receipt (MAKSY)

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On October 29, 2025, Berenberg Bank reiterated a Hold recommendation for Marks and Spencer Group plc – Depositary Receipt (OTCPK:MAKSY). The average one-year price target is $11.57 per share, which suggests a potential upside of 46.83% from its last closing price of $7.88 per share.

Projected annual revenue for the company is $12,096 million, reflecting a decrease of 12.45%. Institutional ownership has increased by 40% over the last quarter, with total shares owned rising by 43.97% to 17,000 shares.

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