Further upside for M&G shares?
Off their recent peak but still trading near record highs, the asset manager's shares continue to interest independent analyst Alistair Strang.
25th August 2026 07:24
by Alistair Strang from Trends and Targets
M&G Ordinary Shares (LSE:MNG)'s share price has slavishly followed the historical pattern delineated by Prudential Assurance, a movement of a few pence providing an exciting day for shareholders.
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While M&G enjoys a fairly dull share price with daily movements usually measured in single digits, we cannot ignore the fact it achieved our historical target of 305p, exceeded it slightly and is now exploring a brave new world for the longer term.
If this is indeed the case, above 360p should apparently trigger movements to an initial 383p with our secondary, if exceeded, at a future 412p and some probable hesitation.
Our alternate, hysterical scenario, suggests weakness below 340p shall trigger reversal to an initial 327p. Our longer-term secondary, if broken, calculates at a future 313p.
All things considered, we are inclined toward optimism.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
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