M&G (OTCMKTS:MGPUF – Get Free Report) is expected to be announcing its resultson Thursday, September 3rd. Analysts expect M&G to announce earnings of $0.1814 per share for the quarter.
M&G Stock Performance
OTCMKTS:MGPUF opened at $4.70 on Wednesday. M&G has a 12 month low of $3.28 and a 12 month high of $4.90. The company’s 50-day moving average price is $4.65 and its two-hundred day moving average price is $4.27.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the stock. Citigroup reiterated a “neutral” rating on shares of M&G in a research note on Tuesday, June 9th. UBS Group lowered M&G from a “neutral” rating to a “sell” rating in a research report on Tuesday, August 11th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, M&G currently has a consensus rating of “Reduce”.
M&G Company Profile
M&G plc is a UK-based savings and investment business that was demerged from Prudential plc in October 2020. Tracing its roots back to the founding of Municipal & General Securities Company Limited in 1931, the firm has grown into a diversified provider of investment management and long-term savings and retirement solutions. Headquartered in London, M&G serves both retail and institutional clients through a broad network of distribution channels.
The company’s main activities are split between asset management and savings & insurance.
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