M&G plc (LON:MNG - Get Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 190.25 ($2.35) and last traded at GBX 190.35 ($2.35), with a volume of 28248355 shares trading hands. The stock had previously closed at GBX 197.75 ($2.44).
Analyst Ratings Changes
A number of analysts have recently weighed in on the stock. Royal Bank of Canada reiterated a "sector perform" rating and issued a GBX 220 ($2.72) price objective on shares of M&G in a research note on Wednesday, September 11th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of M&G in a research note on Friday, December 6th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of GBX 223.33 ($2.76).
Read Our Latest Stock Analysis on M&G
M&G Price Performance
The company has a debt-to-equity ratio of 228.54, a current ratio of 1.23 and a quick ratio of 0.39. The stock's fifty day moving average is GBX 197.29 and its 200-day moving average is GBX 203.74. The stock has a market capitalization of £4.55 billion, a PE ratio of 2,732.86, a P/E/G ratio of -2.76 and a beta of 1.47.
M&G Company Profile
(
Get Free Report)
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.
See Also
Before you consider M&G, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and M&G wasn't on the list.
While M&G currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
