M&G plc (LON:MNG) Receives GBX 223.33 Consensus PT from Brokerages

M&G plc (LON:MNG) has been given a consensus recommendation of “Hold” by the six ratings firms that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 223.33 ($2.79).

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

M&G Price Performance

LON MNG opened at GBX 204.59 ($2.55) on Friday. The stock has a market capitalization of £4.87 billion, a price-to-earnings ratio of 2,922.71, a PEG ratio of -2.76 and a beta of 1.47. M&G has a 1-year low of GBX 184 ($2.30) and a 1-year high of GBX 241.10 ($3.01). 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 business’s fifty day moving average price is GBX 199.10 and its 200-day moving average price is GBX 203.08.

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.