Man Group Plc (LON:EMG) had its price target lifted by BNP Paribas from GBX 130 ($1.61) to GBX 135 ($1.67) in a research note issued to investors on Tuesday. They currently have an outperform rating on the investment management company’s stock.
A number of other equities analysts have also weighed in on EMG. JPMorgan Chase & Co. decreased their price target on shares of Man Group Plc from GBX 170 ($2.10) to GBX 125 ($1.55) and set a neutral rating on the stock in a report on Wednesday, June 29th. Barclays PLC cut their target price on shares of Man Group Plc from GBX 145 ($1.79) to GBX 130 ($1.61) and set an equal weight rating on the stock in a research note on Thursday, June 30th. Goldman Sachs Group Inc. reissued a conviction-buy rating and issued a GBX 155 ($1.92) target price on shares of Man Group Plc in a research note on Monday, July 4th. Jefferies Group cut their target price on shares of Man Group Plc from GBX 180 ($2.23) to GBX 141 ($1.75) and set a buy rating on the stock in a research note on Tuesday, July 5th. Finally, Credit Suisse Group AG reissued an outperform rating and issued a GBX 148 ($1.83) target price on shares of Man Group Plc in a research note on Tuesday, July 12th. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of GBX 145.29 ($1.80).
Shares of Man Group Plc (LON:EMG) traded up 0.83% during mid-day trading on Tuesday, reaching GBX 114.74. The company’s stock had a trading volume of 2,759,827 shares. The company’s market capitalization is GBX 1.93 billion. Man Group Plc has a 1-year low of GBX 102.50 and a 1-year high of GBX 176.70. The firm’s 50 day moving average price is GBX 113.91 and its 200-day moving average price is GBX 125.81.
Man Group Plc Company Profile
Man Group plc is the holding company for the Man group of companies and affiliated entities (the Group). The Company operates in the alternative investment management sector. The Company has a geographically diverse investor base. It distributes to private investors through a network of over 4,000 intermediaries, and manages its institutional relationships directly.
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