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

M&G plc (LON:MNG) has been given a consensus rating of “Hold” by the six research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 223.33 ($2.82).

A number of analysts have commented on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of M&G in a report on Friday, December 6th. Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 220 ($2.78) price objective on shares of M&G in a report on Wednesday, September 11th. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 225 ($2.84) price target on shares of M&G in a report on Thursday, September 5th.

M&G Price Performance

Shares of MNG opened at GBX 199.75 ($2.52) on Friday. The company has a market capitalization of £4.75 billion, a P/E ratio of 2,853.57, a price-to-earnings-growth ratio of -2.76 and a beta of 1.47. M&G has a twelve month low of GBX 192.43 ($2.43) and a twelve month high of GBX 241.10 ($3.04). The company has a quick ratio of 0.39, a current ratio of 1.23 and a debt-to-equity ratio of 228.54. The firm has a 50 day moving average of GBX 200.66 and a 200 day moving average of GBX 204.52.

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.