ManpowerGroup PT Raised to $95.00 (MAN)
Stock analysts at BMO Capital Markets upped their target price on shares of ManpowerGroup (NYSE:MAN) from $88.00 to $95.00 in a report issued on Monday, Analyst Ratings Net reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective indicates a potential upside of 10.83% from the stock’s previous close.
Shares of ManpowerGroup (NYSE:MAN) opened at 85.72 on Monday. ManpowerGroup has a one year low of $44.08 and a one year high of $87.16. The stock’s 50-day moving average is $82.42 and its 200-day moving average is $72.44. The company has a market cap of $6.771 billion and a P/E ratio of 28.12.
ManpowerGroup (NYSE:MAN) last issued its quarterly earnings data on Monday, October 21st. The company reported $1.18 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.08 by $0.10. The company had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.09 billion. During the same quarter last year, the company posted $0.79 earnings per share. ManpowerGroup’s revenue was up .3% compared to the same quarter last year. On average, analysts predict that ManpowerGroup will post $4.19 earnings per share for the current fiscal year.
MAN has been the subject of a number of other recent research reports. Analysts at Credit Suisse initiated coverage on shares of ManpowerGroup in a research note to investors on Monday, December 16th. They set an “outperform” rating and a $95.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of ManpowerGroup in a research note to investors on Monday, December 9th. They now have a $95.00 price target on the stock, up previously from $85.00. Finally, analysts at Zacks reiterated an “outperform” rating on shares of ManpowerGroup in a research note to investors on Wednesday, October 30th. They now have a $87.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $86.00.
ManpowerGroup Inc, formerly Manpower Inc provides workforce solutions and services. The Company provides a comprehensive suite of high-impact workforce solutions and services for the entire business cycle, which includes recruitment and assessment, training and development, career management, outsourcing and workforce consulting.
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