Man Group Plc (LON:EMG)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a research report issued on Friday. They presently have a GBX 125 ($1.52) price objective on the investment management company’s stock. Liberum Capital’s target price indicates a potential upside of 1.63% from the company’s current price.
EMG has been the subject of several other research reports. Shore Capital reiterated a “buy” rating on shares of Man Group Plc in a research note on Friday, September 2nd. Citigroup Inc. upgraded Man Group Plc to a “buy” rating and set a GBX 137 ($1.67) price target for the company in a research note on Monday, September 12th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 115 ($1.40) price target on shares of Man Group Plc in a research note on Wednesday, October 5th. BNP Paribas upped their price target on Man Group Plc from GBX 130 ($1.58) to GBX 135 ($1.65) and gave the stock an “outperform” rating in a research note on Tuesday, October 11th. Finally, Goldman Sachs Group Inc. decreased their price target on Man Group Plc from GBX 155 ($1.89) to GBX 146 ($1.78) and set a “buy” rating for the company in a research note on Tuesday, September 27th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Man Group Plc has a consensus rating of “Buy” and a consensus target price of GBX 140.17 ($1.71).
Man Group Plc (LON:EMG) opened at 123.736 on Friday. The company’s market capitalization is GBX 2.08 billion. Man Group Plc has a 52 week low of GBX 102.50 and a 52 week high of GBX 176.70. The company’s 50-day moving average price is GBX 114.59 and its 200-day moving average price is GBX 124.89.
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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