M&G plc (OTCMKTS:MGPUF) Given Consensus Rating of “Hold” by Brokerages

M&G plc (OTCMKTS:MGPUF) has received an average recommendation of “Hold” from the six analysts that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company.

MGPUF has been the subject of several research analyst reports. Royal Bank Of Canada reiterated a “sector perform” rating on shares of M&G in a research note on Wednesday, April 8th. Citigroup reiterated a “neutral” rating on shares of M&G in a research note on Tuesday. Finally, The Goldman Sachs Group cut M&G to a “neutral” rating in a research note on Tuesday, April 21st.

M&G Price Performance

Shares of M&G stock remained flat at $4.20 on Tuesday. The firm’s 50-day moving average price is $3.97 and its two-hundred day moving average price is $3.99. M&G has a 52 week low of $3.28 and a 52 week high of $4.50.

About M&G

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.