Deutsche Bank Sticks to Their Hold Rating for M&G Plc (MGPUF)

In a report released today, Oliver Steel from Deutsche Bank reiterated a Hold rating on M&G Plc (MGPUFResearch Report). The company’s shares closed last Monday at $2.89.

Steel has an average return of 3.5% when recommending M&G Plc.

According to TipRanks.com, Steel is ranked #1144 out of 7780 analysts.

M&G Plc has an analyst consensus of Hold, with a price target consensus of $3.17, which is a 9.3% upside from current levels. In a report released yesterday, Berenberg Bank also maintained a Hold rating on the stock with a £2.37 price target.

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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.

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