M&G's (MNG) Hold Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

M&G (LON:MNG - Get Free Report)'s stock had its "hold" rating reissued by equities research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday, MarketBeat Ratings reports.

Several other brokerages have also commented on MNG. Berenberg Bank restated a "hold" rating and issued a GBX 225 ($2.87) price objective on shares of M&G in a report on Thursday, September 5th. Royal Bank of Canada reissued a "sector perform" rating and issued a GBX 220 ($2.80) price target on shares of M&G in a research note on Wednesday, September 11th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of GBX 223.33 ($2.85).

M&G Trading Down 0.2 %

Shares of M&G stock traded down GBX 0.40 ($0.01) during midday trading on Friday, reaching GBX 201.80 ($2.57). 3,817,139 shares of the company's stock traded hands, compared to its average volume of 7,961,737. The stock has a 50 day moving average of GBX 201.46 and a 200-day moving average of GBX 204.63. M&G has a 12 month low of GBX 192.43 ($2.45) and a 12 month high of GBX 241.10 ($3.07). The company has a market cap of £4.80 billion, a PE ratio of 2,882.86, a price-to-earnings-growth ratio of -2.76 and a beta of 1.47. The company has a debt-to-equity ratio of 228.54, a quick ratio of 0.39 and a current ratio of 1.23.

About M&G

M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through three segments: Asset Management, Life, and Wealth. It offers retirement, savings, and investment management solutions. The company also provides individual and corporate pensions, retirement, annuities, life, savings, and investment products, such as equities, fixed income, multi-asset and real estate.