Berenberg Bank reaffirmed their buy rating on shares of M&G (LON:MNG – Free Report) in a research report released on Tuesday, Marketbeat reports. Berenberg Bank currently has a GBX 370 price target on the stock.
Other equities research analysts also recently issued reports about the company. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 215 price objective on shares of M&G in a report on Friday, September 4th. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 335 target price on shares of M&G in a report on Wednesday, September 23rd. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of GBX 689.
Get Our Latest Research Report on MNG
M&G Price Performance
Shares of M&G stock opened at GBX 312.30 on Tuesday. The company has a debt-to-equity ratio of 246.60, a quick ratio of 0.39 and a current ratio of 34.75. The firm’s 50-day simple moving average is GBX 331.64 and its 200-day simple moving average is GBX 327.01. M&G has a twelve month low of GBX 259.30 and a twelve month high of GBX 367.10. The firm has a market cap of £7.44 billion, a P/E ratio of -65.06, a price-to-earnings-growth ratio of -2.76 and a beta of 0.97.
M&G (LON:MNG – Get Free Report) last posted its earnings results on Thursday, September 3rd. The company reported GBX (7.10) earnings per share 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 expect that M&G will post 24.25 EPS for the current fiscal year.
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. 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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