M&G PLC 8.5% potential upside indicated by Deutsche

M&G PLC with ticker (LON:MNG) now has a potential upside of 8.5% according to Deutsche.



Deutsche set a target price of 230 GBX for the company, which when compared to the M&G PLC share price of 211 GBX at opening today (12/01/2022) indicates a potential upside of 8.5%. Trading has ranged between 174 (52 week low) and 254 (52 week high) with an average of 7,966,851 shares exchanging hands daily. The market capitalisation at the time of writing is £5,461,882,572.

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 serve 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 provides 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 asset management solutions. The Company serves customers to approximately 29 markets.