Deutsche Bank Aktiengesellschaft Has Lowered Expectations for M&G (LON:MNG) Stock Price

M&G (LON:MNG) had its price objective cut by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 230 ($2.92) to GBX 225 ($2.85) in a note issued to investors on Monday, MarketBeat reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 8.07% from the company’s current price.

M&G Price Performance

M&G stock opened at GBX 208.20 ($2.64) on Monday. The stock has a market cap of £4.96 billion, a price-to-earnings ratio of 29.69, 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 0.40 and a debt-to-equity ratio of 218.70. The business has a 50-day simple moving average of GBX 202.62 and a 200 day simple moving average of GBX 203.74. M&G has a 52 week low of GBX 184 ($2.33) and a 52 week high of GBX 241.10 ($3.06).

About M&G

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.