Man Group Plc (EMG) Given Consensus Recommendation of “Hold” by Analysts

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.

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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.

Analyst Recommendations for Man Group Plc (LON:EMG)

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