M&G’s (MNG) “Hold” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their hold rating on shares of M&G (LON:MNG) in a research note issued to investors on Friday morning, MarketBeat.com reports.

A number of other research firms have also weighed in on MNG. Berenberg Bank reissued a “hold” rating and set a GBX 225 ($2.87) target price on shares of M&G in a report on Thursday, September 5th. Royal Bank of Canada reissued a “sector perform” rating and issued a GBX 220 ($2.80) price objective on shares of M&G in a research note on Wednesday, September 11th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 223.33 ($2.85).

M&G Stock Performance

LON:MNG opened at GBX 201.80 ($2.57) on Friday. The stock’s 50-day moving average is GBX 201.34 and its 200-day moving average is GBX 204.60. M&G has a 1-year low of GBX 192.43 ($2.45) and a 1-year high of GBX 241.10 ($3.07). The company has a current ratio of 1.23, a quick ratio of 0.39 and a debt-to-equity ratio of 228.54. The stock has a market cap of £4.80 billion, a P/E ratio of 2,882.86, a price-to-earnings-growth ratio of -2.76 and a beta of 1.47.

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.