M&G (OTCMKTS:MGPUF) Price Target Lowered to GBX 194 at Barclays

M&G (OTCMKTS:MGPUFGet Rating) had its target price decreased by Barclays from GBX 196 ($2.39) to GBX 194 ($2.36) in a report released on Monday morning, The Fly reports.

Other analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of M&G from GBX 195 ($2.38) to GBX 220 ($2.68) in a research report on Tuesday, January 10th. Keefe, Bruyette & Woods cut shares of M&G from a market perform rating to an underperform rating in a research report on Friday, December 2nd. AlphaValue cut shares of M&G to a buy rating in a research report on Tuesday, January 31st. Berenberg Bank cut shares of M&G from a buy rating to a hold rating in a research report on Tuesday, January 31st. Finally, Morgan Stanley decreased their target price on shares of M&G from GBX 270 ($3.29) to GBX 247 ($3.01) in a research report on Wednesday, February 8th. Four equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, M&G presently has a consensus rating of Hold and a consensus target price of $207.59.

M&G Stock Performance

M&G stock opened at $2.62 on Monday. The firm’s fifty day moving average price is $2.46 and its 200-day moving average price is $2.27. M&G has a fifty-two week low of $1.77 and a fifty-two week high of $3.00.

About M&G

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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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