Man Group Plc (LON:EMG) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Man Group Plc (LON:EMG) has earned an average rating of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 291.17 ($3.70).

Several analysts have recently issued reports on EMG shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 280 ($3.56) target price on shares of Man Group in a research report on Tuesday, September 3rd. Canaccord Genuity Group upgraded Man Group to a “buy” rating and boosted their price objective for the stock from GBX 194 ($2.47) to GBX 272 ($3.46) in a research note on Wednesday, December 11th. Finally, Canaccord Genuity Group upgraded Man Group to a “buy” rating and raised their target price for the company from GBX 194 ($2.47) to GBX 272 ($3.46) in a research report on Wednesday, December 11th.

Man Group Price Performance

Shares of EMG stock traded up GBX 2.80 ($0.04) during trading hours on Wednesday, hitting GBX 208.80 ($2.65). 2,610,212 shares of the company’s stock were exchanged, compared to its average volume of 4,456,716. The firm has a 50 day moving average of GBX 206.93 and a two-hundred day moving average of GBX 224.18. Man Group has a fifty-two week low of GBX 196.87 ($2.50) and a fifty-two week high of GBX 279.23 ($3.55). The firm has a market cap of £2.40 billion, a P/E ratio of 1,044.00, a P/E/G ratio of -1.15 and a beta of 0.71. The company has a quick ratio of 1.58, a current ratio of 3.23 and a debt-to-equity ratio of 29.95.

About Man Group

With a heritage in aiming to deliver attractive performance and tailored client solutions, Man Group is a highly active investment manager, powered by cutting edge investment technology. As a manager of millions of savers’ capital, we have a responsibility as stewards of those investments to create a better, more sustainable future for investors and society.