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

Shares of M&G plc (LON:MNGGet Free Report) have received a consensus rating of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 282.83.

Several brokerages recently commented on MNG. Berenberg Bank upgraded shares of M&G to a “buy” rating and increased their target price for the stock from GBX 225 to GBX 342 in a report on Friday, October 10th. UBS Group downgraded shares of M&G to a “neutral” rating and increased their price objective for the stock from GBX 275 to GBX 290 in a research note on Wednesday, December 17th. JPMorgan Chase & Co. lifted their target price on M&G from GBX 305 to GBX 315 and gave the company an “overweight” rating in a research report on Friday, November 7th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 265 target price on shares of M&G in a report on Monday, November 10th.

Get Our Latest Stock Report on MNG

M&G Price Performance

Shares of MNG opened at GBX 290.80 on Friday. The company has a quick ratio of 0.39, a current ratio of 0.40 and a debt-to-equity ratio of 218.70. M&G has a twelve month low of GBX 171.55 and a twelve month high of GBX 291.80. The stock has a market capitalization of £6.90 billion, a P/E ratio of -116.32, a P/E/G ratio of -2.76 and a beta of 1.47. The company has a 50 day moving average of GBX 273.49 and a 200-day moving average of GBX 263.62.

M&G Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for M&G (LON:MNG)

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