M&G plc (LON:MNG – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of GBX 324.96 and traded as low as GBX 316.60. M&G shares last traded at GBX 320.10, with a volume of 3,045,449 shares.
Analysts Set New Price Targets
Several analysts have recently weighed in on the company. Jefferies Financial Group reissued a “buy” rating and issued a GBX 215 target price on shares of M&G in a report on Friday, September 4th. Berenberg Bank restated a “buy” rating and set a GBX 370 price target on shares of M&G in a research note on Tuesday, October 20th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 335 price target on shares of M&G in a research report on Wednesday, September 23rd. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of GBX 689.
Check Out Our Latest Stock Report on M&G
M&G Price Performance
The stock has a market cap of £7.63 billion, a price-to-earnings ratio of -66.69, a PEG ratio of -2.76 and a beta of 0.97. The company has a 50-day moving average of GBX 324.96 and a 200-day moving average of GBX 320.05. The company has a debt-to-equity ratio of 246.60, a quick ratio of 0.39 and a current ratio of 34.75.
M&G (LON:MNG – Get Free Report) last posted its quarterly earnings data on Thursday, September 3rd. The company reported GBX (7.10) earnings per share for the quarter. M&G had a negative return on equity of 3.86% and a negative net margin of 0.44%. As a group, equities research analysts predict that M&G plc will post 24.25 earnings per share for the current year.
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. 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.
Featured Stories
- Five stocks we like better than M&G
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
- Anthropic’s S-1 Strengthens the Case for Broadcom’s AI Growth
- After the Midterms, Which of These 3 Defense ETFs Looks Strongest?
- The Ugly Truth Behind SoundHound’s Q3 Results
Receive News & Ratings for M&G Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M&G and related companies with MarketBeat.com's FREE daily email newsletter.
