M&G’s (MNG) “Sector perform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reiterated their sector perform rating on shares of M&G (LON:MNG – Free Report) in a research report released on Wednesday morning,Digital Look reports. They currently have a GBX 335 target price on the stock.

Several other research analysts also recently commented on the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 215 price objective on shares of M&G in a research note on Friday, September 4th. Citigroup increased their target price on shares of M&G from GBX 2,880 to GBX 2,950 and gave the stock a “neutral” rating in a report on Tuesday, June 9th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of GBX 685.

Get Our Latest Analysis on MNG

M&G Trading Up 0.2%

LON:MNG opened at GBX 326.70 on Wednesday. The company has a debt-to-equity ratio of 246.60, a current ratio of 34.75 and a quick ratio of 0.39. The firm has a market capitalization of £7.78 billion, a price-to-earnings ratio of -68.06, a price-to-earnings-growth ratio of -2.76 and a beta of 0.95. M&G has a one year low of GBX 249.10 and a one year high of GBX 367.10. The business has a fifty day moving average price of GBX 348.46 and a 200-day moving average price of GBX 323.25.

M&G (LON:MNG – Get Free Report) last released its earnings results on Thursday, September 3rd. The company reported GBX (7.10) earnings per share for the quarter. M&G had a negative net margin of 0.44% and a negative return on equity of 3.86%. Sell-side analysts forecast that M&G will post 24.2485207 EPS for the current year.

About M&G

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M&G plc is a leading savings and investments business, managing investments for both individuals and for large institutional investors, such as pension funds, around the world.

We have a single corporate identity, M&G plc, and two customer-facing brands: Prudential and M&G Investments. Prudential offers savings and insurance for customers in the UK and Europe and for asset management in South Africa. M&G Investments manages assets for clients globally.

With roots stretching back more than 170 years, we have a long history of finding innovative solutions for our customers’ changing needs.

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Analyst Recommendations for M&G (LON:MNG)

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