M&G plc (LON:MNG) Stock Has Average Target Price of GBX 685

M&G plc (LON:MNG – Get Free Report) has been assigned an average recommendation of “Hold” from the seven ratings firms that are covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 685.

Several research firms recently issued reports on MNG. 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. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 335 price objective on shares of M&G in a research report on Wednesday, September 23rd. Finally, Citigroup upped their target price on M&G from GBX 2,880 to GBX 2,950 and gave the stock a “neutral” rating in a research note on Tuesday, June 9th.

Check Out Our Latest Research Report on MNG

M&G Stock Up 0.9%

MNG stock opened at GBX 313.50 on Monday. M&G has a 52 week low of GBX 249.40 and a 52 week high of GBX 367.10. The business has a 50-day simple moving average of GBX 345.12 and a 200 day simple moving average of GBX 324.01. The company has a quick ratio of 0.39, a current ratio of 34.75 and a debt-to-equity ratio of 246.60. The company has a market cap of £7.47 billion, a PE ratio of -65.31, a price-to-earnings-growth ratio of -2.76 and a beta of 0.95.

M&G (LON:MNG – Get Free Report) last announced its quarterly earnings data 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%. Sell-side analysts anticipate that M&G will post 24.2485207 EPS for the current fiscal year.

M&G Company Profile

(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.

Further Reading

Analyst Recommendations for M&G (LON:MNG)

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