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M&G plc (MGPFY) Q2 2026 Earnings Call Transcript

M&G plc (MGPFY) Q2 2026 Earnings Call Prepared Remarks Transcript

Jefferies has maintained its 'buy' rating on M&G PLC (LSE:MNG), the asset management and insurance group, with a price target of 215p, after the company's first-half results. The broker said adjusted operating profit increased 15% year on year to £435 million, a post-listing record, and that it expects the market to react positively.

M&G LON: MNG reported its strongest first-half operating result since listing in 2019, as growth in asset management and with-profits life products helped offset a volatile macroeconomic backdrop.