Blurbs

Berenberg Bank Sticks to Its Hold Rating for M&G Plc (MGPUF)

In a report issued on February 4, Berenberg Bank from Berenberg Bank reiterated a Hold rating on M&G Plc (MGPUFResearch Report), with a price target of p237.00. The company’s shares closed last Monday at $2.89.

The word on The Street in general, suggests a Hold analyst consensus rating for M&G Plc with a $3.08 average price target, which is a 6.2% upside from current levels. In a report issued on January 25, Deutsche Bank also reiterated a Hold rating on the stock with a p230.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

M&G Plc’s market cap is currently $7.48B and has a P/E ratio of 113.78.

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MGPUF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

M&G PLC is a United Kingdom-based company engaged in savings and investments business. It serves retail customers, who want to build and protect their life savings, and provides investment solutions. The company operates across two operating segments: Savings & Asset Management and Heritage.

Read More on MGPUF:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos