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

M&G (LON:MNG)‘s stock had its “sector perform” rating reaffirmed by research analysts at Royal Bank Of Canada in a research report issued to clients and investors on Wednesday, Digital Look reports. They currently have a GBX 335 price target on the stock. Royal Bank Of Canada’s price target points to a potential upside of 2.54% from the company’s previous close.

A number of other equities research analysts also recently issued reports on MNG. Citigroup upped their price target on shares of M&G from GBX 2,880 to GBX 2,950 and gave the company a “neutral” rating in a research note on Tuesday, June 9th. Jefferies Financial Group restated a “buy” rating and issued a GBX 215 target price on shares of M&G in a report on Friday, September 4th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, M&G presently has a consensus rating of “Hold” and a consensus price target of GBX 685.

M&G Trading Up 0.2%

Shares of MNG stock opened at GBX 326.70 on Wednesday. The company has a current ratio of 34.75, a quick ratio of 0.39 and a debt-to-equity ratio of 246.60. The stock 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 12-month low of GBX 249.10 and a 12-month high of GBX 367.10. The stock’s 50-day moving average price is GBX 348.46 and its 200-day moving average price is GBX 323.25.

M&G (LON:MNG) last released its quarterly 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%. Equities research analysts predict that M&G will post 24.2485207 EPS for the current fiscal year.

M&G Company Profile

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.