M&G’s (MNG) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of M&G (LON:MNGFree Report) in a report published on Friday morning,Digital Look reports. Jefferies Financial Group currently has a GBX 215 price target on the stock.

A number of other research analysts have also issued reports on MNG. Citigroup raised their price objective on shares of M&G from GBX 2,880 to GBX 2,950 and gave the company a “neutral” rating in a report on Tuesday, June 9th. JPMorgan Chase & Co. boosted their target price on shares of M&G from GBX 315 to GBX 325 and gave the stock a “neutral” rating in a report on Friday, May 8th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of GBX 677.86.

Check Out Our Latest Stock Analysis on MNG

M&G Trading Up 1.3%

Shares of M&G stock opened at GBX 355.80 on Friday. M&G has a 12 month low of GBX 248.60 and a 12 month high of GBX 367.10. The stock’s fifty day simple moving average is GBX 350.81 and its 200 day simple moving average is GBX 320.91. The company has a market capitalization of £8.48 billion, a PE ratio of 28.93, a PEG ratio of -2.76 and a beta of 0.95.

M&G (LON:MNGGet Free Report) last announced its quarterly earnings results on Thursday, September 3rd. The company reported GBX (7.10) EPS for the quarter. M&G had a negative net margin of 0.44% and a negative return on equity of 3.86%. Analysts predict that M&G will post 24.2485207 EPS for the current fiscal year.

M&G Company Profile

(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.

See Also

Analyst Recommendations for M&G (LON:MNG)

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.