Credit Suisse Group reiterated their outperform rating on shares of Man Group Plc (LON:EMG) in a research report report published on Tuesday, September 12th, Marketbeat Ratings reports. The brokerage currently has a GBX 195 ($2.63) price target on the investment management company’s stock.
A number of other equities analysts have also commented on the stock. Citigroup Inc. lowered shares of Man Group Plc to a neutral rating and set a GBX 170 ($2.29) price objective for the company. in a research note on Wednesday, August 2nd. Goldman Sachs Group, Inc. (The) raised their price objective on shares of Man Group Plc from GBX 170 ($2.29) to GBX 175 ($2.36) and gave the stock a buy rating in a research note on Wednesday, August 2nd. Shore Capital reaffirmed a buy rating on shares of Man Group Plc in a research note on Tuesday, August 15th. Barclays PLC reissued an equal weight rating and set a GBX 170 ($2.29) target price on shares of Man Group Plc in a research note on Wednesday, August 2nd. Finally, BNP Paribas reissued a neutral rating and set a GBX 160 ($2.16) target price on shares of Man Group Plc in a research note on Tuesday, July 18th. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has an average rating of Hold and an average price target of GBX 165.75 ($2.23).
Man Group Plc (LON:EMG) opened at 166.60 on Tuesday. Man Group Plc has a 12 month low of GBX 108.30 and a 12 month high of GBX 170.70. The firm’s market capitalization is GBX 2.75 billion. The company’s 50-day moving average price is GBX 165.65 and its 200 day moving average price is GBX 155.49.
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The firm also recently announced a dividend, which was paid on Wednesday, September 6th. Investors of record on Thursday, August 17th were paid a GBX 3.79 ($0.05) dividend. The ex-dividend date was Thursday, August 17th. This represents a yield of 2.29%. This is a boost from Man Group Plc’s previous dividend of $3.62.
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.
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