M&G (LON:MNG) Given Sector perform Rating at Royal Bank Of Canada

M&G (LON:MNG – Get Free Report)‘s stock had its “sector perform” rating reissued by research analysts at Royal Bank Of Canada in a report released on Wednesday, Digital Look reports. They presently have a GBX 335 price target on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 1.18% from the company’s current price.

Other equities analysts have also recently issued research reports about the stock. Jefferies Financial Group reiterated a “buy” rating and set a GBX 215 price target on shares of M&G in a research report on Friday, September 4th. Citigroup lifted their price objective on M&G from GBX 2,880 to GBX 2,950 and gave the company a “neutral” rating in a research report on Tuesday, June 9th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of GBX 685.

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M&G Stock Up 0.1%

MNG opened at GBX 331.10 on Wednesday. M&G has a 12 month low of GBX 248.60 and a 12 month high of GBX 367.10. The company has a current ratio of 34.75, a quick ratio of 0.39 and a debt-to-equity ratio of 246.60. The business’s 50-day moving average price is GBX 349.98 and its 200-day moving average price is GBX 322.89. The company has a market cap of £7.89 billion, a P/E ratio of -68.98, a P/E/G ratio of -2.76 and a beta of 0.95.

M&G (LON:MNG – Get Free Report) last posted its quarterly earnings results on Thursday, September 3rd. The company reported GBX (7.10) earnings per share (EPS) for the quarter. M&G had a negative return on equity of 3.86% and a negative net margin of 0.44%. On average, equities analysts expect that M&G will post 24.2485207 EPS for the current year.

About M&G

(Get Free Report)

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. M&G Investments manages assets for clients globally.

With roots stretching back more than 170 years, we have a long history of finding innovative solutions for our customers’ changing needs.

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