Shares of M&G plc (OTCMKTS:MGPUF – Get Rating) have been assigned an average recommendation of “Hold” from the thirteen ratings firms that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $208.41.
A number of analysts have issued reports on the company. Morgan Stanley lifted their price objective on M&G from GBX 255 ($3.02) to GBX 270 ($3.19) in a research note on Wednesday, September 7th. Barclays boosted their target price on M&G from GBX 200 ($2.36) to GBX 205 ($2.42) in a research report on Tuesday. JPMorgan Chase & Co. reissued a “sell” rating and set a $210.00 target price on shares of M&G in a research report on Tuesday, August 16th. Jefferies Financial Group assumed coverage on M&G in a research report on Friday, November 11th. They set a “buy” rating on the stock. Finally, Keefe, Bruyette & Woods downgraded M&G from an “outperform” rating to a “market perform” rating in a research report on Monday, September 12th.
M&G Price Performance
OTCMKTS:MGPUF opened at $2.30 on Friday. M&G has a 1 year low of $1.77 and a 1 year high of $3.00. The stock’s 50 day simple moving average is $2.07 and its two-hundred day simple moving average is $2.35.
M&G Company Profile
M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through two segments, Asset Management, and Retail and Savings. It offers retirement, savings, and investment management solutions to its retail and institutional customers.
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