Man Group Plc (LON:EMG) had its target price boosted by J P Morgan Chase & Co from GBX 190 ($2.50) to GBX 210 ($2.76) in a research note released on Wednesday, October 25th. The firm currently has an overweight rating on the investment management company’s stock.
Several other analysts have also recently weighed in on EMG. Citigroup Inc. cut shares of Man Group Plc to a neutral rating and set a GBX 170 ($2.24) price target for the company. in a research note on Wednesday, August 2nd. Goldman Sachs Group, Inc. (The) increased their price objective on shares of Man Group Plc from GBX 170 ($2.24) to GBX 175 ($2.30) and gave the stock a buy rating in a research report on Wednesday, August 2nd. Macquarie reaffirmed a neutral rating and set a GBX 193 ($2.54) price objective on shares of Man Group Plc in a research report on Wednesday, October 18th. Shore Capital reaffirmed a buy rating on shares of Man Group Plc in a research report on Tuesday, August 15th. Finally, Royal Bank Of Canada cut shares of Man Group Plc to a sector perform rating and set a GBX 175 ($2.30) price target for the company. in a research report on Thursday, September 28th. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Man Group Plc has an average rating of Hold and an average target price of GBX 177.08 ($2.33).
Man Group Plc (EMG) traded down GBX 1.90 ($0.02) during mid-day trading on Wednesday, reaching GBX 188.70 ($2.48). 4,327,310 shares of the company’s stock were exchanged, compared to its average volume of 4,780,000. Man Group Plc has a 12 month low of GBX 111.90 ($1.47) and a 12 month high of GBX 195.30 ($2.57).
Man Group Plc Company Profile
Man Group plc provides alternative investment management services worldwide. The company offers a range of liquid investment products and solutions, which include quantitative and discretionary, long only and long short, and single and multi-manager. It distributes its products and solutions directly to institutions; and to private investors through a network of intermediaries.
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