Deutsche Bank Aktiengesellschaft Cuts M&G (LON:MNG) Price Target to GBX 225

M&G (LON:MNG) had its price target cut by Deutsche Bank Aktiengesellschaft from GBX 230 ($2.92) to GBX 225 ($2.85) in a research note released on Monday, MarketBeat Ratings reports. They currently have a hold rating on the stock.

M&G Stock Up 2.1 %

Shares of LON MNG opened at GBX 212.50 ($2.69) on Monday. The firm has a market cap of £5.06 billion, a price-to-earnings ratio of 30.30, a price-to-earnings-growth ratio of -2.76 and a beta of 1.47. The company’s 50-day simple moving average is GBX 202.96 and its 200-day simple moving average is GBX 203.83. The company has a quick ratio of 0.39, a current ratio of 0.40 and a debt-to-equity ratio of 218.70. M&G has a 52-week low of GBX 184 ($2.33) and a 52-week high of GBX 241.10 ($3.06).

M&G Company Profile

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.