M&G (LON:MNG) Receives Buy Rating from Berenberg Bank

M&G (LON:MNGGet Free Report)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research report issued on Monday,London Stock Exchange reports. They presently have a GBX 342 target price on the stock. Berenberg Bank’s price objective points to a potential upside of 10.57% from the stock’s previous close.

MNG has been the topic of a number of other research reports. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 265 target price on shares of M&G in a research note on Monday, November 10th. UBS Group downgraded M&G to a “neutral” rating and increased their price target for the company from GBX 275 to GBX 290 in a report on Wednesday, December 17th. The Goldman Sachs Group upped their target price on M&G from GBX 300 to GBX 328 and gave the company a “buy” rating in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. increased their target price on M&G from GBX 305 to GBX 320 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, M&G presently has an average rating of “Hold” and an average price target of GBX 290.

Get Our Latest Analysis on MNG

M&G Stock Performance

LON:MNG opened at GBX 309.30 on Monday. The firm has a market cap of £7.34 billion, a PE ratio of -123.72, a P/E/G ratio of -2.76 and a beta of 1.47. The company has a debt-to-equity ratio of 218.70, a current ratio of 0.40 and a quick ratio of 0.39. M&G has a 1-year low of GBX 171.55 and a 1-year high of GBX 315.60. The firm has a 50 day simple moving average of GBX 291.08 and a 200-day simple moving average of GBX 271.77.

About M&G

(Get Free Report)

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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Analyst Recommendations for M&G (LON:MNG)

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