Man Group Receives Underperform Rating from RBC Capital (EMG)
Man Group (LON:EMG)‘s stock had its “underperform” rating reaffirmed by RBC Capital in a research note issued on Monday, American Banking News reports.
EMG has been the subject of a number of other recent research reports. Analysts at Espirito Santo Investment Bank Research raised their price target on shares of Man Group (LON:EMG) from GBX 49 ($0.78) to GBX 64 ($1.02) in a research note to investors on Friday, September 6th. They now have a “sell” rating on the stock. Separately, analysts at BNP Paribas reiterated an “underperform” rating on shares of Man Group (LON:EMG) in a research note to investors on Wednesday, August 14th. They now have a GBX 76 ($1.21) price target on the stock. Finally, analysts at HSBC reiterated an “underweight” rating on shares of Man Group (LON:EMG) in a research note to investors on Friday, August 9th. They now have a GBX 87 ($1.38) price target on the stock.
Seven investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 98.48 ($1.56).
Shares of Man Group (LON:EMG) opened at 89.75 on Monday. Man Group has a one year low of GBX 70.60 and a one year high of GBX 136.00. The stock has a 50-day moving average of GBX 86.18 and a 200-day moving average of GBX 96.87.
Man Group plc is the holding company for the Man group of companies and affiliated entities (LON:EMG).
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