M&G Plc (MNG) AI Stock Analysis

• Market Cap: $6.17B
• Dividend Yield: 7.48%
• Average Volume (3M): 5.53M
• Price to Earnings (P/E): 30.4
• Beta (1Y): 1.24
• Revenue Growth: 9.86%
• EPS Growth: -134.41%
• Country: UK
• Employees: 6,151
• Sector: Financial
• Sector Strength: 77
• Industry: Asset Management
• EPS (TTM): 0.13
• Shares Outstanding: 2,404,966,600
• 10 Day Avg. Volume: 5,522,013
• 30 Day Avg. Volume: 5,530,581
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.12
• Enterprise Value/Revenue: 1.34
• Enterprise Value/Gross Profit: 1.79
• Enterprise Value/Ebitda: 24.18
• 1Y Price Target: $269.09
• Price Target Upside: 3.26% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 56 Neutral
• Price Target: 268.00p ▲(2.84% Upside)

M&G Plc's overall stock score is primarily influenced by its financial challenges, including high leverage and cash flow issues. However, the positive sentiment from the earnings call, driven by strong capital generation and strategic achievements, provides a counterbalance. The technical indicators suggest a neutral market position, while the high dividend yield offers some valuation appeal.

Positive Factors

Earnings

Adjusted Operating Profit exceeded expectations by 6%, driven by lower costs and strong performance in the Life segment.

Financial Targets

The company raised its 2022-24 OCG target to £2.7bn and increased its cost-saving target to £220mn, indicating improved financial goals.

Negative Factors

Asset Management Outflows

There were significant outflows in Asset Management, particularly from UK Institutional clients, although offset by strong international flows.

Capital Generation

Underlying Capital Generation was 7% below consensus due to new business strain and lower returns on surplus assets.

M&G Plc Business Overview & Revenue Model

Company Description

M&G Plc (MNG) is a leading savings and investment company headquartered in the United Kingdom. The company operates in the financial services sector, providing a wide range of investment management, savings, and insurance services. M&G Plc serves both individual and institutional clients, offering products such as mutual funds, retirement solutions, and life insurance policies. With a strong presence in Europe and growing operations globally, M&G is committed to delivering long-term value through sustainable and responsible investment strategies.

How the Company Makes Money

M&G Plc generates revenue primarily through its investment management and insurance operations. The company earns fees from managing assets on behalf of individual and institutional clients, including mutual funds, pensions, and other investment vehicles. These fees are typically based on a percentage of the assets under management (AUM) and may include performance-related fees when investment results exceed certain benchmarks. In addition to investment management fees, M&G earns premiums from its insurance products, such as life insurance and annuities, which provide a stable source of revenue. The company also benefits from its strategic partnerships and distribution agreements, which expand its reach and customer base, further contributing to its earnings. Market performance, interest rates, and regulatory environments are significant factors influencing M&G's financial outcomes.

M&G Plc Financial Statement Overview

Summary

M&G Plc faces several financial challenges, including inconsistent revenue growth, operational inefficiencies, and high leverage. While there is some strength in its cash reserves, the declining equity and cash flow concerns highlight the need for strategic adjustments to improve long-term financial health.

Income Statement

M&G Plc's revenue showed a slight increase from the previous year but has faced a volatile trajectory over the years with a recent net income decline to a loss. The gross profit margin remains strong at 100% due to the nature of its business model. However, the lack of EBIT and negative net income indicates challenges in operational efficiency and profitability.

Balance Sheet

The company's balance sheet reflects a high leverage position with a debt-to-equity ratio of 2.11. The stockholders' equity has decreased over time, indicating potential financial instability. However, M&G maintains substantial cash reserves, which provides some financial flexibility.

Cash Flow

M&G's cash flow situation is concerning, with a significant decrease in free cash flow and a negative growth rate, indicating potential liquidity issues. The operating cash flow to net income ratio is impacted by negative net income, further highlighting cash flow challenges.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.26B	10.66B	-7.94B	16.25B	15.76B
Gross Profit	11.26B	15.15B	-7.94B	16.25B	15.76B
EBITDA	754.00M	1.27B	-2.58B	1.09B	2.11B
Net Income	-360.00M	297.00M	-1.63B	83.00M	1.14B
Balance Sheet
Total Assets	184.22B	189.62B	190.37B	217.47B	216.97B
Cash, Cash Equivalents and Short-Term Investments	4.84B	5.59B	4.88B	6.91B	6.78B
Total Debt	6.91B	8.03B	7.96B	9.34B	8.62B
Total Liabilities	180.90B	185.10B	187.54B	212.12B	211.38B
Stockholders Equity	3.28B	4.04B	2.78B	5.30B	5.58B
Cash Flow
Free Cash Flow	388.00M	1.52B	-1.27B	352.00M	1.57B
Operating Cash Flow	677.00M	2.02B	-694.00M	1.12B	2.39B
Investing Cash Flow	152.00M	-603.00M	-368.00M	-466.00M	-957.00M
Financing Cash Flow	-1.14B	-680.00M	-1.01B	-501.00M	-691.00M

M&G Plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 260.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MNG, the sentiment is Positive. The current price of 260.6 is below the 20-day moving average (MA) of 264.04, above the 50-day MA of 260.35, and above the 200-day MA of 218.10, indicating a neutral trend. The MACD of 0.19 indicates Positive momentum. The RSI at 47.54 is Neutral, neither overbought nor oversold. The STOCH value of 37.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:MNG.

M&G Plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EMG	76 Outperform	£1.79B	12.71	12.23%	8.13%	-10.85%	-42.02%
ABDN	74 Outperform	£3.35B	10.43	6.50%	7.80%	-7.11%	0.45%
Sector *	68 Neutral	$18.06B	11.97	10.24%	3.74%	9.75%	1.30%
ICG	67 Neutral	£6.11B	13.76	18.83%	3.86%	-0.15%	-7.47%
SDR	67 Neutral	£5.72B	15.94	8.30%	5.85%	4.78%	―
MNG	56 Neutral	$6.17B	30.42	-1.53%	7.48%	9.86%	-134.41%
NINTF	―	$4.36B	11.82	40.46%	8.29%	―	―

M&G Plc Corporate Events

M&G plc Executives Participate in Share Incentive Plan

M&G plc announced that key managerial figures, including the Group General Counsel, Chief People Officer, and Chief Transformation and Integration Officer, have purchased partnership shares and received matching shares under the M&G UK Share Incentive Plan. This move, compliant with the Market Abuse Regulation, highlights the company’s commitment to aligning managerial interests with shareholder value, potentially strengthening its market position and investor confidence.

The most recent analyst rating on (GB:MNG) stock is a Hold with a £2.60 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.

M&G plc Updates on Voting Rights and Share Capital

M&G plc announced its total voting rights and issued share capital as of July 31, 2025. The company reported an issued share capital of 2,408,327,352 ordinary shares, with 3,414,030 shares held in treasury, resulting in a total of 2,404,913,322 voting rights. This update is significant for shareholders as it affects their calculations for notifying changes in their interests under the Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:MNG) stock is a Hold with a £2.60 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.

M&G plc Executives Participate in Share Incentive Plan

M&G plc announced that several key managerial figures, including the Group General Counsel and Chief People Officer, have participated in the company’s UK Share Incentive Plan by purchasing partnership shares and receiving matching shares. This move, compliant with the Market Abuse Regulation, reflects the company’s commitment to aligning managerial interests with shareholder value, potentially impacting its market perception positively.

The most recent analyst rating on (GB:MNG) stock is a Hold with a £2.40 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.

M&G plc Updates on Share Capital and Voting Rights

M&G plc announced its total voting rights and issued share capital as of June 30, 2025, with 2,408,265,808 ordinary shares issued and 3,414,030 held in Treasury. This update is crucial for shareholders to determine their notification requirements under the Financial Conduct Authority’s rules, impacting how they manage their interests in the company.

The most recent analyst rating on (GB:MNG) stock is a Buy with a £2.75 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.

M&G plc Announces Share Transactions by Chief IT Officer

M&G plc announced a transaction by Chris Cochrane, its Chief Information Technology Officer, who purchased 57,157 ordinary shares and sold 75,328 ordinary shares of the company. This transaction, conducted on June 18, 2025, is part of the regulatory requirements under the Market Abuse Regulation, reflecting ongoing managerial activities within the company.

The most recent analyst rating on (GB:MNG) stock is a Buy with a £2.75 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.

M&G Plc Executives Participate in Share Incentive Plan

M&G Plc announced that several of its key executives, including the Group General Counsel and Company Secretary, Chief People Officer, and Chief Strategy & Transformation Officer, have purchased partnership shares and received matching shares under the M&G UK Share Incentive Plan. This move, compliant with the Market Abuse Regulation, reflects the company’s commitment to aligning the interests of its leadership with those of its shareholders, potentially strengthening stakeholder confidence and enhancing market positioning.

The most recent analyst rating on (GB:MNG) stock is a Buy with a £2.75 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.

M&G Plc Grants Performance Share Awards to Executives

M&G Plc has announced the grant of nil-cost option awards under its Performance Share Plan 2019 to key executives, including CEO Andrea Rossi and CFO Kathryn McLeland. These awards, approved by the Remuneration Committee, align with the revised Directors’ Remuneration Policy and are contingent on performance conditions over a three-year period, with an additional two-year holding period, reflecting the company’s commitment to long-term value creation for its stakeholders.

The most recent analyst rating on (GB:MNG) stock is a Buy with a £2.75 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.

M&G Plc Director Increases Stake with Share Purchase

M&G Plc announced that Clive Adamson, an Independent Non-Executive Director, purchased 600 ordinary shares of the company. This transaction, conducted on June 3, 2025, was made through reinvested dividends, reflecting a personal investment in the company and demonstrating confidence in its financial stability and future prospects.

The most recent analyst rating on (GB:MNG) stock is a Buy with a £220.00 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.

M&G Plc Announces Total Voting Rights and Share Capital Update

M&G Plc has announced its total voting rights and issued share capital as of May 31, 2025. The company reported an issued share capital of 2,408,167,838 ordinary shares, with 3,414,030 shares held in treasury, resulting in a total of 2,404,753,808 voting rights. This information is crucial for shareholders to determine their interests in the company under regulatory guidelines.

The most recent analyst rating on (GB:MNG) stock is a Buy with a £2.75 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.

M&G and Dai-ichi Life Forge Strategic Partnership for European and Asian Expansion

M&G Plc and Dai-ichi Life Holdings have announced a strategic partnership that will see M&G become Dai-ichi’s preferred asset management partner in Europe. This partnership is expected to generate significant new business flows, with M&G anticipating $6 billion over the next five years. Dai-ichi Life HD plans to acquire a 15% shareholding in M&G, aligning both companies for long-term growth and collaboration in asset management and life insurance sectors. This move is set to enhance M&G’s market position in Europe and provide new avenues for growth in Asia, benefiting stakeholders through increased business opportunities and improved operational profits.

The most recent analyst rating on (GB:MNG) stock is a Buy with a £2.75 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.

M&G Plc Updates PDMR Share Interests Post-Dividend

M&G Plc has announced changes in the share interests of certain Persons Discharging Managerial Responsibilities (PDMRs) following the company’s interim dividend payment. On May 14, 2025, dividend equivalent shares accrued on vested incentive plans were released to PDMRs, who retained shares after covering tax liabilities and sale costs. This move aligns with regulatory requirements under the Market Abuse Regulation and reflects M&G’s ongoing commitment to transparent governance practices.

The most recent analyst rating on (GB:MNG) stock is a Buy with a £2.75 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.

M&G Plc Updates on Executive Share Transactions Post-Dividend

M&G Plc announced changes in the share interests of certain Persons Discharging Managerial Responsibilities (PDMRs) following the release of dividend equivalent shares from incentive plans. These changes, which include the retention of shares after tax deductions and reinvestment of dividends, are part of the company’s ongoing management of executive compensation and shareholder interests. The transactions, conducted outside trading venues, reflect M&G’s adherence to regulatory requirements and its strategic focus on aligning management incentives with shareholder value.

The most recent analyst rating on (GB:MNG) stock is a Buy with a £2.75 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.

M&G plc Executives Adjust Shareholdings Under Incentive Plan

M&G plc announced changes in share interests for several key executives under the M&G Share Incentive Plan (SIP). Executives Charlotte Heiss, Matthew Howells, and Benoît Macé purchased partnership shares and received matching shares, while Christopher Cochrane, along with the aforementioned executives, acquired dividend shares following the reinvestment of interim dividends. These transactions, compliant with the Market Abuse Regulation, reflect the company’s ongoing commitment to aligning management interests with shareholder value.

The most recent analyst rating on (GB:MNG) stock is a Buy with a £2.75 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.

M&G Plc Updates PDMR Share Interests Post-Dividend

M&G Plc has announced changes to the interests of its Persons Discharging Managerial Responsibilities (PDMRs) following the payment of an interim dividend. This adjustment involves the accrual of dividend equivalent shares on deferred and long-term incentive share plans, aligning with the original award terms. This move reflects the company’s ongoing commitment to aligning management incentives with shareholder interests, potentially impacting the company’s operational dynamics and stakeholder engagement.

The most recent analyst rating on (GB:MNG) stock is a Buy with a £2.75 price target. To see the full list of analyst forecasts on M&G Plc stock, see the GB:MNG Stock Forecast page.