Analysts Set M&G plc (LON:MNG) PT at GBX 223.33

Shares of M&G plc (LON:MNG) have been given a consensus recommendation of “Hold” by the six research firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 223.33 ($2.83).

A number of research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of M&G in a research report on Friday, December 6th. Berenberg Bank reiterated a “hold” rating and issued a GBX 225 ($2.85) price objective on shares of M&G in a research report on Thursday, September 5th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a GBX 220 ($2.79) price objective on shares of M&G in a research report on Wednesday, September 11th.

M&G Price Performance

Shares of M&G stock opened at GBX 198.35 ($2.52) on Friday. 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 company has a market cap of £4.72 billion, a PE ratio of 2,833.57, a price-to-earnings-growth ratio of -2.76 and a beta of 1.47. The firm has a fifty day moving average price of GBX 200.57 and a two-hundred day moving average price of GBX 204.52. M&G has a fifty-two week low of GBX 192.43 ($2.44) and a fifty-two week high of GBX 241.10 ($3.06).

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.