M&G (LON:MNG) Given Buy Rating at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of M&G (LON:MNG) in a research report report published on Thursday morning,Digital Look reports. The firm currently has a GBX 215 target price on the stock.

Other equities analysts have also issued reports about the company. UBS Group reiterated a “neutral” rating and issued a GBX 300 target price on shares of M&G in a research note on Tuesday. The Goldman Sachs Group boosted their price target on M&G from GBX 300 to GBX 328 and gave the company a “buy” rating in a research report on Wednesday, January 21st. Citigroup boosted their price target on M&G from GBX 260 to GBX 288 and gave the company a “neutral” rating in a research report on Tuesday, March 24th. Royal Bank Of Canada boosted their price target on M&G from GBX 260 to GBX 285 and gave the company a “sector perform” rating in a research report on Tuesday, April 7th. Finally, JPMorgan Chase & Co. lowered their price target on M&G from GBX 320 to GBX 315 and set a “neutral” rating for the company in a research report on Thursday, March 26th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of GBX 296.14.

M&G Trading Down 1.0%

M&G stock opened at GBX 303.50 on Thursday. The firm has a market capitalization of £7.23 billion, a P/E ratio of 24.67, a PEG ratio of -2.76 and a beta of 0.95. The stock has a fifty day moving average price of GBX 294.29 and a 200 day moving average price of GBX 288.95. M&G has a 52 week low of GBX 213.50 and a 52 week high of GBX 324.50.

M&G (LON:MNG) last released its earnings results on Thursday, March 12th. The company reported GBX 12.60 EPS for the quarter. M&G had a return on equity of 9.49% and a net margin of 1.73%. As a group, equities analysts predict that M&G will post 24.2485207 EPS for the current 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.