M&G plc (LON:MNG) Given Average Recommendation of “Hold” by Brokerages

Shares of M&G plc (LON:MNG) have received a consensus rating of “Hold” from the six brokerages that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 223.33 ($2.73).

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of M&G in a research note on Friday, December 6th.

M&G Stock Up 1.2 %

Shares of LON MNG opened at GBX 196 ($2.39) on Wednesday. M&G has a 1 year low of GBX 184 ($2.25) and a 1 year high of GBX 241.10 ($2.94). 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 firm has a market cap of £4.66 billion, a PE ratio of 2,800.00, a price-to-earnings-growth ratio of -2.76 and a beta of 1.47. The company has a 50 day simple moving average of GBX 197.03 and a 200 day simple moving average of GBX 203.33.

About M&G

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.