Key Points
- Insider purchase: M&G insider Elisabeth Stheeman bought 3,150 shares on May 22 at an average price of GBX 314, totaling £9,891.
- Stock performance: M&G shares recently opened at GBX 314.70, close to their 1-year high of GBX 324.50 and well above the 1-year low of GBX 213.50.
- Analyst sentiment: Broker ratings are mixed, with three Buy ratings and four Hold ratings, resulting in a consensus Hold and an average price target of GBX 297.57.
M&G plc (LON:MNG - Get Free Report) insider Elisabeth Stheeman purchased 3,150 shares of M&G stock in a transaction that occurred on Friday, May 22nd. The shares were acquired at an average price of GBX 314 per share, for a total transaction of £9,891.
M&G Price Performance
Shares of LON:MNG opened at GBX 314.70 on Friday. M&G plc has a 1 year low of GBX 213.50 and a 1 year high of GBX 324.50. The company has a market cap of £7.50 billion, a PE ratio of 25.59, a P/E/G ratio of -2.76 and a beta of 0.97. The stock's 50-day moving average is GBX 294.25 and its 200 day moving average is GBX 292.26.
M&G (LON:MNG - Get Free Report) last announced its quarterly earnings results on Thursday, March 12th. The company reported GBX 12.60 earnings per share (EPS) for the quarter. M&G had a return on equity of 9.49% and a net margin of 1.73%. Analysts expect that M&G plc will post 24.2485207 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on MNG. Jefferies Financial Group reissued a "buy" rating and set a GBX 215 price objective on shares of M&G in a research report on Thursday, May 7th. Citigroup boosted their price objective on shares of M&G from GBX 260 to GBX 288 and gave the company a "neutral" rating in a research report on Tuesday, March 24th. UBS Group reissued a "neutral" rating and set a GBX 300 price objective on shares of M&G in a research report on Tuesday, May 5th. Berenberg Bank reissued a "buy" rating and set a GBX 342 price objective on shares of M&G in a research report on Monday, February 9th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of M&G from GBX 315 to GBX 325 and gave the company a "neutral" rating in a research report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of GBX 297.57.
Read Our Latest Research Report on MNG
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
