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M&G PLC

MNG.L

Latest Trade

161.45GBp

Change

0.95(+0.59%)

Volume

4,866,838

Today's Range

158.80

 - 

164.55

52 Week Range

86.40

 - 

252.56

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
160.50
Open
160.25
Volume
4,866,838
3M AVG Volume
198.14
Today's High
164.55
Today's Low
158.80
52 Week High
252.56
52 Week Low
86.40
Shares Out (MIL)
2,599.91
Market Cap (MIL)
4,172.85
Forward P/E
7.54
Dividend (Yield %)
7.43

Next Event

M&G PLC Annual Shareholders Meeting

Latest Developments

More

M&G Announces Appointment Of Peter Grewal As Chief Risk And Resilience Officer

M&G Says Fiona Rowley To Step Down As Co-Manager Of M&G Property Portfolio And Leave M&G

M&G Plc Discloses 4.48% Stake In McCarthy & Stone As At June 8 - Filing

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About M&G PLC

M&G PLC is a United Kingdom-based savings and investment company. The Company manages investments for both individuals and for institutional investors, such as pension funds. The Company’s asset management and customer solutions are supported by its two brands: Prudential and M&G Investments. In the United Kingdom and continental Europe, the Company provides a range of long-term savings and investment solutions, including PruFund. In the Americas, Africa, Asia and Australia, the Company also provides asset management solutions. The Company operates across two operating segments: Savings & Asset Management, and Heritage. The Savings & Asset Management Segment comprises its retail savings (including PruFund) and asset management business, as well as its institutional asset management business. The Heritage Segment comprises its annuities and corporate pensions businesses.

Industry

Investment Services

Contact Info

10 Fenchurch Avenue

EC3M 5AG

United Kingdom

+44.20.76264588

https://global.mandg.com/

Executive Leadership

Mike Evans

Non-Executive Independent Chairman of the Board

John William Foley

Chief Executive Officer, Executive Director

Clare Bousfield

Chief Financial Officer, Executive Director

Roddy Thomson

Chief Operating Officer

Irene McDermott Brown

Chief Human Resource Officer

Key Stats

2.54 mean rating - 13 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2019

1.0K

2020(E)

1.7K
EPS (GBp)

2019

42.980

2020(E)

21.291
Price To Earnings (TTM)
3.93
Price To Sales (TTM)
0.14
Price To Book (MRQ)
0.81
Price To Cash Flow (TTM)
3.56
Total Debt To Equity (MRQ)
153.27
LT Debt To Equity (MRQ)
152.64
Return on Investment (TTM)
--
Return on Equity (TTM)
--

Latest News

Latest News

Property fund investors should wait months for cash to avoid exodus: UK regulator

Investors in property funds should wait up to six months before they can get their money back to avoid a stampede for the exit leading to widespread suspensions in rocky markets, Britain's Financial Conduct Authority proposed on Monday.

UK proposes redemption breathing space for property funds

Investors in property funds should wait up to 180 days before they can get their money back, Britain's Financial Conduct Authority proposed on Monday.

UPDATE 2-London stocks sink amid Sino-U.S. tensions, mark weekly losses

British shares fell on Friday as souring U.S.-China relations weighed and marked weekly losses as concerns over the coronavirus and uncertainty over a vaccine spurred a selling-out of equities.

UK Stocks-Factors to watch on June 17

Britain's FTSE 100 index is seen opening 15 points higher at 6,258 on Wednesday, according to financial bookmakers. * WILLIAM HILL: British bookmaker William Hill on Tuesday launched an issue of shares worth up to 20% of its share capital. * ASSET MANAGERS: Six asset managers...

Asset managers keep $7.5 billion in UK property funds frozen on valuation uncertainty

Six asset managers including M&G <MNG.L> and Legal & General <LGEN.L> said they were keeping property funds totalling more than $7.5 billion in assets frozen as valuers continue to struggle to assess real estate due to the coronavirus crisis.

M&G keeps UK $3.2 bln property fund frozen after six-month suspension

Insurer and asset manager M&G is keeping its $3.2 billion UK Property Portfolio suspended following a six-month freeze, as it could not assess the value of its real estate assets accurately due to the coronavirus crisis, it said on Tuesday.

BRIEF-Royal London sells Ascentric platform business to M&G

Royal London Mutual Insurance Society Ltd :

UPDATE 2-Lloyd's, Hiscox among donors to 100 mln stg COVID-19 insurance fund -trade body

* Hiscox says paying claims quickly and fairly (Adds Hiscox comment, bullet points)

Lloyd's, Hiscox among donors to 100 mln stg COVID-19 insurance fund-trade body

Lloyd's of London, Hiscox and RSA are among donors to a new British 100 million pound ($121.19 million) insurance and long-term savings COVID-19 support fund, the Association of British Insurers (ABI) said on Monday.

BRIEF-M&G Says Temporary Suspension Of M&G Property Portfolio Continues

* M&G - TEMPORARY SUSPENSION OF M&G PROPERTY PORTFOLIO CONTINUES

UK insurers axe more than $1.2 billion in dividends amid coronavirus concerns

British insurers cancelled more than 1 billion pounds ($1.2 billion) of dividends on Wednesday, in moves welcomed by the Bank of England which had cautioned the sector about the risk of heavy costs from the spread of the coronavirus.

European insurer shares fall as row breaks out over dividends

Shares in Europe's insurers fell sharply on Friday after the EU regulator said they should temporarily halt payouts to shareholders during the coronavirus epidemic, although Germany backed Allianz's decision to go ahead with a dividend.

British insurer M&G drops plans for 10% job cuts this year-memo

British insurer M&G has dropped plans to cut staff by 10% this year due to coronavirus, it said in a memo to staff on Wednesday seen by Reuters.

UK fund suspensions raise questions about daily cash calls: watchdog

Although this week's suspensions of UK property funds were due to fallout from coronavirus rather than cash calls, they raise "legitimate questions" about offering daily redemptions, the Financial Conduct Authority said on Thursday.

UK industry body says property funds may need to suspend themselves

Property funds should suspend themselves if they can no longer properly assess the value of the real estate assets they hold, a British funds industry trade body said on Wednesday.

Kames, Janus Henderson suspend UK property funds on coronavirus turbulence

Asset managers Kames Capital <AEGN.AS> and Janus Henderson <JHG.N> said on Tuesday they had temporarily suspended dealings in their UK real estate funds as market turbulence caused by coronavirus made it hard to accurately value the properties they contain.

Further fund lock-ups expected after freeze by Denmark's Jyske

The global shock to markets from coronavirus is expected to cause more funds to suspend trading, industry sources said on Monday after Denmark's Jyske Invest froze a number of its funds.

Insurers face double whammy from coronavirus crisis

Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a double whammy - a sharp rise in payouts at a time of big investment losses.

UPDATE 2-Standard Life Aberdeen profit down 10%, eyes 'turbulent' 2020

* Shares up 2.7%, broadly in line with FTSE 100 (Adds detail from CEO conference call, share reaction)

UPDATE 2-Coronavirus brings uncertainty for insurer, asset manager M&G

British insurer and asset manager M&G said on Tuesday it was facing uncertainty from the coronavirus outbreak as it recorded in-line 2019 operating profit in its first set of results after splitting from parent Prudential last year.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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