M&G plc (LON:MNG) Given Consensus Recommendation of “Hold” by Brokerages

Shares of M&G plc (LON:MNG) have received an average rating of “Hold” from the six analysts that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 223.33 ($2.81).

Several brokerages have recently issued reports on MNG. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of M&G in a report on Friday, December 6th. Royal Bank of Canada reissued a “sector perform” rating and issued a GBX 220 ($2.76) price target on shares of M&G in a report on Wednesday, September 11th. Finally, Berenberg Bank restated a “hold” rating and issued a GBX 225 ($2.83) price objective on shares of M&G in a research report on Thursday, September 5th.

M&G Trading Down 0.5 %

Shares of M&G stock opened at GBX 192.80 ($2.42) on Friday. M&G has a 1 year low of GBX 190.40 ($2.39) and a 1 year high of GBX 241.10 ($3.03). The company has a debt-to-equity ratio of 228.54, a current ratio of 1.23 and a quick ratio of 0.39. The stock has a market cap of £4.59 billion, a PE ratio of 2,754.29, a price-to-earnings-growth ratio of -2.76 and a beta of 1.47. The firm has a fifty day moving average price of GBX 199.71 and a 200 day moving average price of GBX 204.33.

About M&G

M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through three segments: Asset Management, Life, and Wealth. It offers retirement, savings, and investment management solutions. The company also provides individual and corporate pensions, retirement, annuities, life, savings, and investment products, such as equities, fixed income, multi-asset and real estate.