M&G (LON:MNG – Get Free Report) was upgraded by investment analysts at JPMorgan Chase & Co. to a “neutral” rating in a research note issued to investors on Monday, MarketBeat Ratings reports. The brokerage presently has a GBX 220 ($2.70) price target on the stock, up from their prior price target of GBX 195 ($2.39). JPMorgan Chase & Co.‘s price objective points to a potential upside of 8.48% from the company’s previous close.
Separately, Barclays increased their price objective on M&G from GBX 190 ($2.33) to GBX 200 ($2.46) and gave the stock an “underweight” rating in a research note on Friday, September 29th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of GBX 228 ($2.80).
M&G Stock Performance
M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through Asset Management, and Retail and Savings segments. It offers retirement, savings, and investment management solutions to its retail and institutional customers.
- Five stocks we like better than M&G
- Dividend Tax Calculator
- Analyst says Archer Aviation may double. Is it time to buy?
- What is the Australian Securities Exchange (ASX)
- Alibaba’s bottom is in: Analysts see a monster rally ahead
- Investing in Travel Stocks Benefits
- TripAdvisor is on AI-powered recovery from record lows
Receive News & Ratings for M&G Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M&G and related companies with MarketBeat.com's FREE daily email newsletter.