Royal Bank of Canada Keeps M&G Stock at 'Sector Perform' Rating

M&G plc (LON:MNG) has received a rating from Royal Bank of Canada, reiterating its 'sector perform' rating. This rating is based on the company's current stock price and potential upside of 1.18% to GBX 335.

The analyst also set a GBX 335 price target, indicating that investors may see some growth in the company's shares. Other analysts have issued mixed ratings for M&G, with Jefferies Financial Group maintaining a 'buy' rating and Citigroup increasing its price objective to GBX 2,950.

M&G has seen its stock price fluctuate over the past year, reaching a high of GBX 367.10 and a low of GBX 248.60. The company's market cap is £7.89 billion, with a P/E ratio of -68.98 and a beta of 0.95.