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

Shares of M&G plc (LON:MNGGet Free Report) have been given a consensus recommendation of “Hold” by the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 282.83.

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

View Our Latest Report on MNG

M&G Stock Up 0.2%

M&G stock opened at GBX 302 on Wednesday. M&G has a 1-year low of GBX 171.55 and a 1-year high of GBX 303. The business has a fifty day moving average price of GBX 280.30 and a 200-day moving average price of GBX 267.10. The company has a debt-to-equity ratio of 218.70, a current ratio of 0.40 and a quick ratio of 0.39. The stock has a market capitalization of £7.16 billion, a price-to-earnings ratio of -120.80, a PEG ratio of -2.76 and a beta of 1.47.

About M&G

(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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