M&G plc (LON:MNG – Get Free Report) fell 1.4% on Tuesday . The company traded as low as GBX 343.90 and last traded at GBX 346. Approximately 5,325,535 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 34,529,914 shares. The stock had previously closed at GBX 351.
Wall Street Analyst Weigh In
MNG has been the subject of several recent research reports. Jefferies Financial Group reissued a “buy” rating and issued a GBX 215 price target on shares of M&G in a research report on Thursday, May 7th. Citigroup increased their target price on M&G from GBX 2,880 to GBX 2,950 and gave the stock a “neutral” rating in a report on Tuesday, June 9th. Finally, JPMorgan Chase & Co. raised their target price on M&G from GBX 315 to GBX 325 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of GBX 677.86.
Check Out Our Latest Report on M&G
M&G Stock Performance
M&G (LON:MNG – Get Free Report) last posted its quarterly earnings data on Thursday, September 3rd. The company reported GBX (7.10) earnings per share for the quarter. M&G had a return on equity of 9.49% and a net margin of 1.73%. Analysts expect that M&G plc will post 24.2485207 earnings per share for the current fiscal year.
About M&G
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.
Further Reading
- Five stocks we like better than M&G
- The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
- NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
- Dropping the Dough: Yum! Brands Strategically Trims the Fat
- These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern
Receive News & Ratings for M&G Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M&G and related companies with MarketBeat.com's FREE daily email newsletter.
