M&G plc (LON:MNG) Stock Has Consensus Price Target of GBX 685

Shares of M&G plc (LON:MNG – Get Free Report) have received a consensus recommendation of “Hold” from the seven research firms that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 685.

MNG has been the topic of a number of recent research reports. Citigroup increased their price objective on M&G from GBX 2,880 to GBX 2,950 and gave the company a “neutral” rating in a research report on Tuesday, June 9th. Jefferies Financial Group restated a “buy” rating and set a GBX 215 target price on shares of M&G in a research report on Friday, September 4th. 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 note on Wednesday, September 23rd.

Read Our Latest Research Report on M&G

M&G Stock Up 0.9%

Shares of LON:MNG opened at GBX 316.20 on Monday. M&G has a 12 month low of GBX 250.20 and a 12 month high of GBX 367.10. The firm has a market cap of £7.53 billion, a P/E ratio of -65.88, a P/E/G ratio of -2.76 and a beta of 0.95. The company has a quick ratio of 0.39, a current ratio of 34.75 and a debt-to-equity ratio of 246.60. The company’s 50-day moving average price is GBX 345.12 and its two-hundred day moving average price is GBX 324.19.

M&G (LON:MNG – Get Free Report) last released its quarterly earnings results on Thursday, September 3rd. The company reported GBX (7.10) EPS for the quarter. M&G had a negative net margin of 0.44% and a negative return on equity of 3.86%. As a group, research analysts forecast that M&G will post 24.2485207 EPS for the current fiscal year.

M&G Company Profile

(Get Free Report)

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.

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Analyst Recommendations for M&G (LON:MNG)

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