M&G (OTCMKTS:MGPUF – Get Free Report) is expected to post its resultson Thursday, September 3rd. Analysts expect the company to announce earnings of $0.1825 per share for the quarter.
M&G Stock Performance
MGPUF opened at $4.70 on Tuesday. M&G has a 12 month low of $3.28 and a 12 month high of $4.90. The company has a fifty day simple moving average of $4.64 and a 200 day simple moving average of $4.27.
Wall Street Analyst Weigh In
A number of research firms have issued reports on MGPUF. UBS Group cut M&G from a “neutral” rating to a “sell” rating in a research note on Tuesday, August 11th. Citigroup reaffirmed a “neutral” rating on shares of M&G in a research report on Tuesday, June 9th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, M&G has a consensus rating of “Reduce”.
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.
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