M&G plc (LON:MNG) Receives Average Recommendation of "Hold" from Analysts

Shares of M&G plc (LON:MNG - Get Free Report) have been given an average recommendation of "Hold" by the six research firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 223.33 ($2.82).

A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of M&G in a report on Friday, December 6th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a GBX 220 ($2.78) target price on shares of M&G in a research note on Wednesday, September 11th. Finally, Berenberg Bank reiterated a "hold" rating and issued a GBX 225 ($2.84) price target on shares of M&G in a research note on Thursday, September 5th.

M&G Price Performance

Shares of LON:MNG traded up GBX 0.30 ($0.00) during trading on Friday, hitting GBX 199.75 ($2.52). 2,593,314 shares of the company's stock were exchanged, compared to its average volume of 7,917,966. The business's 50-day simple moving average is GBX 200.66 and its 200 day simple moving average is GBX 204.52. The company has a market cap of £4.75 billion, a price-to-earnings ratio of 2,853.57, a PEG ratio of -2.76 and a beta of 1.47. M&G has a 52-week low of GBX 192.43 ($2.43) and a 52-week high of GBX 241.10 ($3.04). The company has a debt-to-equity ratio of 228.54, a current ratio of 1.23 and a quick ratio of 0.39.

M&G Company Profile

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.