Shares of Man Group Plc (LON:EMG) have earned an average recommendation of “Hold” from the thirteen research firms that are currently covering the stock, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 161.09 ($2.10).
A number of analysts have weighed in on EMG shares. Shore Capital reissued a “buy” rating on shares of Man Group Plc in a research report on Thursday, April 20th. Liberum Capital reissued a “buy” rating and set a GBX 177 ($2.30) target price on shares of Man Group Plc in a research report on Tuesday, August 1st. BNP Paribas reissued a “neutral” rating and set a GBX 160 ($2.08) target price on shares of Man Group Plc in a research report on Tuesday, July 18th. Credit Suisse Group restated an “outperform” rating and set a GBX 195 ($2.54) price target on shares of Man Group Plc in a report on Tuesday, May 2nd. Finally, J P Morgan Chase & Co restated an “overweight” rating and set a GBX 170 ($2.21) price target on shares of Man Group Plc in a report on Friday, April 21st.
Man Group Plc (LON EMG) traded up 1.02% on Friday, reaching GBX 169.00. 3,255,787 shares of the company’s stock traded hands. Man Group Plc has a 52-week low of GBX 108.00 and a 52-week high of GBX 170.70. The firm’s 50-day moving average is GBX 156.60 and its 200 day moving average is GBX 149.70. The stock’s market capitalization is GBX 2.79 billion.
About Man Group Plc
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.
Receive News & Ratings for Man Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Man Group Plc and related companies with our FREE daily email newsletter.