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M&G Plc upgraded to Neutral from Underweight at JPMorgan
The Fly

M&G Plc upgraded to Neutral from Underweight at JPMorgan

JPMorgan upgraded M&G Plc to Neutral from Underweight with a price target of 220 GBp, up from 195 GBp. Following a prolonged period of poor relative performance, the analyst believe it is time to revisit the U.K. life sub-sector, “particularly if we are close to ‘peak yields’ in the U.K.”

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