Deutsche Bank Aktiengesellschaft Cuts M&G (LON:MNG) Price Target to GBX 225

M&G (LON:MNG - Get Free Report) had its target price reduced by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 230 ($2.89) to GBX 225 ($2.83) in a research note issued on Monday, Marketbeat reports. The brokerage currently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's target price would suggest a potential upside of 6.33% from the stock's previous close.

M&G Stock Performance

Shares of MNG traded down GBX 1 ($0.01) during mid-day trading on Monday, reaching GBX 211.60 ($2.66). The company had a trading volume of 12,283,967 shares, compared to its average volume of 19,890,334. The stock has a market capitalization of £5.04 billion, a P/E ratio of 30.17, a PEG ratio of -2.76 and a beta of 1.47. The stock has a 50 day moving average of GBX 203.72 and a two-hundred day moving average of GBX 203.96. 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 52-week low of GBX 184 ($2.31) and a 52-week high of GBX 241.10 ($3.03).

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.