M&G plc (LON:MNG) Stock Has Consensus Price Target of GBX 685

M&G plc (LON:MNG) has earned a consensus recommendation of “Hold” from the seven ratings firms that are covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 685.

A number of analysts have commented on the company. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 335 target price on shares of M&G in a report on Wednesday, September 23rd. Citigroup lifted their price objective on M&G from GBX 2,880 to GBX 2,950 and gave the stock a “neutral” rating in a report on Tuesday, June 9th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 215 target price on shares of M&G in a research report on Friday, September 4th.

M&G Stock Down 1.2%

LON:MNG opened at GBX 320.60 on Monday. The company has a debt-to-equity ratio of 246.60, a quick ratio of 0.39 and a current ratio of 34.75. The firm has a market cap of £7.64 billion, a P/E ratio of -66.79, a P/E/G ratio of -2.76 and a beta of 0.95. M&G has a fifty-two week low of GBX 249.40 and a fifty-two week high of GBX 367.10. The firm has a 50-day simple moving average of GBX 346.81 and a two-hundred day simple moving average of GBX 323.98.

M&G (LON:MNG) last issued its earnings results on Thursday, September 3rd. The company reported GBX (7.10) earnings per share (EPS) for the quarter. M&G had a negative return on equity of 3.86% and a negative net margin of 0.44%. Analysts predict that M&G will post 24.2485207 earnings per share 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.