M&G plc (OTCMKTS:MGPUF) Given Consensus Recommendation of “Hold” by Analysts

M&G plc (OTCMKTS:MGPUF) has earned a consensus recommendation of “Hold” from the six analysts that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company.

Several equities analysts have recently commented on the company. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of M&G in a report on Wednesday, April 8th. The Goldman Sachs Group lowered M&G to a “neutral” rating in a report on Tuesday, April 21st. Finally, Citigroup reaffirmed a “neutral” rating on shares of M&G in a report on Tuesday.

M&G Price Performance

MGPUF remained flat at $4.20 during trading hours on Tuesday. The firm’s 50 day moving average is $3.97 and its 200-day moving average is $3.99. M&G has a 1-year low of $3.28 and a 1-year high of $4.50.

About M&G

M&G plc is a UK-based savings and investment business that was demerged from Prudential plc in October 2020. Tracing its roots back to the founding of Municipal & General Securities Company Limited in 1931, the firm has grown into a diversified provider of investment management and long-term savings and retirement solutions. Headquartered in London, M&G serves both retail and institutional clients through a broad network of distribution channels.

The company’s main activities are split between asset management and savings & insurance.