M&G (OTCMKTS:MGPUF) Given New GBX 230 Price Target at Deutsche Bank Aktiengesellschaft

M&G (OTCMKTS:MGPUFGet Rating) had its price objective increased by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 210 ($2.54) to GBX 230 ($2.78) in a note issued to investors on Wednesday, The Fly reports.

Other research analysts have also recently issued reports about the stock. HSBC raised shares of M&G from a “hold” rating to a “buy” rating and set a $260.00 price target for the company in a report on Tuesday, May 3rd. Barclays dropped their target price on shares of M&G from GBX 226 ($2.73) to GBX 195 ($2.36) in a report on Wednesday, July 13th. Morgan Stanley dropped their target price on shares of M&G from GBX 280 ($3.38) to GBX 255 ($3.08) in a report on Friday, July 8th. Finally, JPMorgan Chase & Co. reaffirmed a “sell” rating and issued a $210.00 target price on shares of M&G in a report on Tuesday. Five investment analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, M&G currently has a consensus rating of “Hold” and an average price target of $211.92.

M&G Price Performance

OTCMKTS MGPUF remained flat at $2.77 during trading hours on Wednesday. M&G has a 1 year low of $2.20 and a 1 year high of $3.15. The company has a 50 day moving average price of $2.48 and a 200-day moving average price of $2.67.

M&G Company Profile

(Get Rating)

M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through two segments, Asset Management, and Retail and Savings. It offers retirement, savings, and investment management solutions to its retail and institutional customers.

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