Man Group Plc Stock Rating Reaffirmed by JPMorgan Chase & Co. (EMG)
Man Group Plc (LON:EMG)‘s stock had its “underweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Monday, Analyst Ratings.Net reports. They currently have a GBX 96 ($1.62) target price on the stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 6.43% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Man Group Plc in a research note on Friday, May 9th. They now have a GBX 107 ($1.80) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “sell” rating on shares of Man Group Plc in a research note on Friday, May 9th. They now have a GBX 66 ($1.11) price target on the stock. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Man Group Plc in a research note on Friday, May 9th. They now have a GBX 94 ($1.58) price target on the stock. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. Man Group Plc has a consensus rating of “Hold” and a consensus target price of GBX 101.22 ($1.70).
Man Group Plc (LON:EMG) traded up 0.28% on Monday, hitting GBX 90.20. 18,678,718 shares of the company’s stock traded hands. Man Group Plc 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 100.7 and its 200-day moving average is GBX 91.25.
Man Group plc is the holding company for the Man group of companies and affiliated entities (LON:EMG).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.