M&G Plc downgraded to Hold from Buy at Berenberg
The Fly

M&G Plc downgraded to Hold from Buy at Berenberg

Berenberg analyst Thomas Bateman downgraded M&G Plc to Hold from Buy with a price target of 218 GBp, down from 260 GBp, after taking over coverage of the name. The analyst says the U.K. life insurers ace key risks around credit, real estate and accounting.

Published first on TheFly

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