Berenberg reaffirms Buy rating for M&G stock at GBp 370
Published on 10/29/2026 at 12:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBroker view and reporting date
- Berenberg reaffirmed its Buy rating and GBp 370 target on October 20, 2026.
- M&G reported adjusted operating profit of GBP 435 million for the first half of 2026, up 15.00 percent year over year.
- M&G stock trades at EUR 3.88 at 12:34 p.m. CET at Lang & Schwarz on October 29, 2026, 0.52 percent above the Xetra close of October 28, 2026.
- M&G is scheduled to publish its third-quarter sales and revenue release on November 4, 2026.
M&G stock (ISIN GB00BKFB1C65) was at EUR 3.88 at Lang & Schwarz on October 29, 2026, at 12:34 p.m. CET, or 0.52 percent above the Xetra close of October 28, 2026 at EUR 3.86. The latest analyst event came from Berenberg, which reaffirmed a Buy rating and a GBp 370 target on October 20, 2026, according to MarketBeat.
Profit gives the target context
The Berenberg target sits above the current London quote, but the broker view must be read alongside M&G's operating performance. M&G reported adjusted operating profit of GBP 435 million for the first half of 2026, an increase of 15.00 percent from the comparable period, according to Yahoo Finance.
The same report said open business generated net inflows of GBP 2.40 billion in the first half of 2026. Operating capital generation reached GBP 392 million, while the shareholder Solvency II coverage ratio rose to 247 percent from 242 percent at the end of 2025.
Three analyst steps since September
On September 4, 2026, Jefferies reaffirmed a Buy rating and set a GBp 215 target. On September 23, 2026, Royal Bank of Canada reiterated Sector Perform with a GBp 335 target. On October 20, 2026, Berenberg reaffirmed Buy with a GBp 370 target, according to MarketBeat.
What dates matter next?
M&G's next scheduled company date is November 4, 2026, when it is listed for a third-quarter sales and revenue release by MarketScreener. The release will offer the next reported checkpoint after the first-half operating profit of GBP 435 million.
Stock stays below the yearly high
M&G's LSE quotation was GBP 3.2260, or GBp 322.60, at 11:42 a.m. UTC on October 29, 2026, according to the market quote used for the listing context. The same quote showed a 52-week range of GBp 259.30 to GBp 367.10 and a market capitalization of GBP 7.7 billion.
The further course of trading is shown by the continuously updated real-time quote of M&G stock.
M&G stock key data
- Company: M&G plc
- ISIN: GB00BKFB1C65
- Ticker: MNG
- Primary exchange: LSE
- Price Lang & Schwarz (as of October 29, 2026, 12:34 p.m. CET): EUR 3.88
- Change versus Xetra close: plus 0.52 percent
- Xetra close (October 28, 2026): EUR 3.86
- Market capitalization: GBP 7.7 billion (as of October 29, 2026)
- 52-week range: GBp 259.30-367.10 (as of October 29, 2026)
- Sector / Industry: Financials / Life and Health Insurance
- Index membership: FTSE 100
Market context: Market report FTSE 100.
