RBC Capital downgraded M&G Plc to Sector Perform from Outperform with a price target of 200 GBp, down from 220 GBp. The analyst says headwinds for asset management now appear more acute and persistent than expected.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on MGPUF:
- M&G Plc upgraded to Neutral from Underweight at JPMorgan
- M&G Plc upgraded to Outperform from Neutral at Exane BNP Paribas
- M&G Plc price target raised to 230 GBp from 220 GBp at Deutsche Bank
- M&G Plc price target raised to 195 GBp from 180 GBp at JPMorgan
- FTSE 100 Earnings: M&G Share Price Gains on Upbeat H1 2023 Results