Man Group’s Neutral Rating Reaffirmed at BNP Paribas (EMG)
Man Group (LON:EMG)‘s stock had its “neutral” rating restated by BNP Paribas in a research note issued on Friday, Analyst RN reports. They currently have a GBX 88 ($1.44) target price on the stock. BNP Paribas’ price target would indicate a potential upside of 6.67% from the stock’s previous close.
A number of other firms have also recently commented on EMG. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Man Group in a research note to investors on Monday. They now have a GBX 107 ($1.76) price target on the stock. Separately, analysts at JPMorgan Chase & Co. downgraded shares of Man Group to an “underweight” rating in a research note to investors on Friday, January 10th. They now have a GBX 86 ($1.41) price target on the stock, down previously from GBX 102 ($1.67). Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Man Group in a research note to investors on Friday, January 3rd. They now have a GBX 94 ($1.54) price target on the stock. Seven research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 94.95 ($1.56).
Man Group (LON:EMG) traded down 3.28% during mid-day trading on Friday, hitting GBX 82.50. The stock had a trading volume of 7,612,079 shares. Man Group has a 52-week low of GBX 76.35 and a 52-week high of GBX 136.00. The stock’s 50-day moving average is GBX 85.19 and its 200-day moving average is GBX 85.8.
Man Group plc is the holding company for the Man group of companies and affiliated entities (LON:EMG).
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