M&G PLC 11.9% potential upside indicated by RBC Capital Markets

M&G PLC with ticker (LON:MNG) now has a potential upside of 11.9% according to RBC Capital Markets.



RBC Capital Markets set a target price of 230 GBX for the company, which when compared to the M&G PLC share price of 203 GBX at opening today (14/06/2022) indicates a potential upside of 11.9%. Trading has ranged between 169 (52 week low) and 249 (52 week high) with an average of 9,594,525 shares exchanging hands daily. The market capitalisation at the time of writing is £5,141,139,599.

M&G PLC is a United Kingdom-based savings and investment company. The Company manages investments for both individuals and for institutional investors, such as pension funds. The Company serves its savings and insurance customers under the Prudential brand in the United Kingdom and Europe and for asset management in South Africa, and under the M&G Investments brand for asset management clients in the rest of the world. The Company operates across two operating segments: Savings & Asset Management, and Heritage. The Company’s segment Savings and Asset Management business provide a range of retirement, savings, and investment management solutions to its retail and institutional customers and clients. The Heritage Segment comprises its annuities and corporate pensions businesses. The Company also provides model portfolio services and asset management solutions. It also provides impact investing that is focused on private debt and private equity across various markets.