M&G (LON:MNG) Price Target Lowered to GBX 225 at Deutsche Bank Aktiengesellschaft

M&G (LON:MNG) had its price objective reduced by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 230 ($2.90) to GBX 225 ($2.84) in a report issued on Monday,Digital Look reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 8.07% from the stock’s previous close.

M&G Stock Performance

M&G stock traded down GBX 0.20 ($0.00) during mid-day trading on Monday, hitting GBX 208.20 ($2.63). The company had a trading volume of 8,502,565 shares, compared to its average volume of 20,798,662. The company has a current ratio of 0.40, a quick ratio of 0.39 and a debt-to-equity ratio of 218.70. The company has a market capitalization of £4.96 billion, a price-to-earnings ratio of 29.69, a P/E/G ratio of -2.76 and a beta of 1.47. The company’s fifty day moving average is GBX 202.34 and its 200-day moving average is GBX 203.69. M&G has a 12-month low of GBX 184 ($2.32) and a 12-month high of GBX 241.10 ($3.04).

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.