M&G plc (LON:MNG) Given Consensus Rating of "Hold" by Brokerages

M&G plc (LON:MNG - Get Free Report) has received an average recommendation of "Hold" from the six research firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 223.33 ($2.79).

A number of brokerages recently commented on MNG. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a GBX 220 ($2.74) target price on shares of M&G in a research report on Wednesday, September 11th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of M&G in a report on Friday, December 6th.

M&G Stock Down 3.3 %

MNG traded down GBX 6.45 ($0.08) during midday trading on Wednesday, hitting GBX 191.30 ($2.39). The company had a trading volume of 9,096,205 shares, compared to its average volume of 5,170,357. The stock's 50 day moving average price is GBX 197.49 and its 200 day moving average price is GBX 203.84. M&G has a 52 week low of GBX 189.25 ($2.36) and a 52 week high of GBX 241.10 ($3.01). The company has a market capitalization of £4.55 billion, a price-to-earnings ratio of 2,732.86, a PEG ratio of -2.76 and a beta of 1.47. The company has a quick ratio of 0.39, a current ratio of 1.23 and a debt-to-equity ratio of 228.54.

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.