M&G Target Rises

M&G's updated analyst narrative features a revised Fair Value price target of approximately £3.09, compared to around £3.03 previously. This adjustment is part of broader market commentary that suggests valuation anchors and target changes are currently driving M&G's market framing. Several firms have lifted their valuation markers for M&G, with Morgan Stanley raising its price target to 310 GBp from 280 GBp, and Citi increasing its target to 295 GBp from 288 GBp.