M&G (MGPUF) to Release Quarterly Earnings on Thursday

M&G (OTCMKTS:MGPUF) is anticipated to announce its results before the market opens on Thursday, March 12th. Analysts expect the company to announce earnings of $0.1851 per share and revenue of $731.53 million for the quarter.

M&G Stock Performance

OTCMKTS:MGPUF opened at $4.12 on Tuesday. The business has a 50 day moving average of $4.18 and a 200 day moving average of $3.76. M&G has a 1-year low of $2.16 and a 1-year high of $4.50.

Analyst Upgrades and Downgrades

Separately, UBS Group downgraded shares of M&G to a “neutral” rating in a research note on Wednesday, December 17th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, M&G currently has a consensus rating of “Hold”.

M&G Company Profile

M&G plc is a UK-based savings and investment business that was demerged from Prudential plc in October 2020. Tracing its roots back to the founding of Municipal & General Securities Company Limited in 1931, the firm has grown into a diversified provider of investment management and long-term savings and retirement solutions. Headquartered in London, M&G serves both retail and institutional clients through a broad network of distribution channels.

The company’s main activities are split between asset management and savings & insurance.