Analysts Set M&G plc (LON:MNG) Target Price at GBX 223.33

M&G plc (LON:MNG) has been assigned an average rating of “Hold” from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 223.33 ($2.73).

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

M&G Price Performance

Shares of LON MNG opened at GBX 192.60 ($2.35) on Wednesday. The stock has a market capitalization of £4.58 billion, a price-to-earnings ratio of 2,751.43, a PEG ratio of -2.76 and a beta of 1.47. The business has a 50-day moving average of GBX 197.12 and a 200-day moving average of GBX 203.52. The company has a debt-to-equity ratio of 228.54, a current ratio of 1.23 and a quick ratio of 0.39. M&G has a fifty-two week low of GBX 189.25 ($2.31) and a fifty-two week high of GBX 241.10 ($2.94).

About M&G

M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through three segments: Asset Management, Life, and Wealth. It offers retirement, savings, and investment management solutions. The company also provides individual and corporate pensions, retirement, annuities, life, savings, and investment products, such as equities, fixed income, multi-asset and real estate.