M&G plc (LON:MNG – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 243.67 ($3.28) and last traded at GBX 242.14 ($3.26), with a volume of 312344156 shares. The stock had previously closed at GBX 224.40 ($3.02).
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft lowered their target price on M&G from GBX 230 ($3.09) to GBX 225 ($3.03) and set a “hold” rating on the stock in a report on Monday, February 24th.
Get Our Latest Stock Analysis on M&G
M&G Trading Up 5.5%
The business has a fifty day moving average of GBX 205 and a 200-day moving average of GBX 204.71. The stock has a market capitalization of £5.64 billion, a price-to-earnings ratio of 33.75, a price-to-earnings-growth ratio of -2.76 and a beta of 1.47. The company has a debt-to-equity ratio of 218.70, a current ratio of 0.40 and a quick ratio of 0.39.
M&G (LON:MNG – Get Free Report) last released its quarterly earnings results on Wednesday, March 19th. The company reported GBX (15.10) (($0.20)) earnings per share for the quarter. M&G had a net margin of 1.85% and a return on equity of 4.31%. On average, equities analysts anticipate that M&G plc will post 24.2485207 earnings per share for the current fiscal year.
M&G Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, April 8th. Investors of record on Thursday, April 3rd were given a GBX 23.50 ($0.32) dividend. This is a positive change from M&G’s previous dividend of $6.60. The ex-dividend date was Thursday, April 3rd. This represents a dividend yield of 4.25%. M&G’s dividend payout ratio (DPR) is 285.20%.
About M&G
(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.
Further Reading
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