Man Group Plc Stock Rating Reaffirmed by Barclays (EMG)
Man Group Plc (LON:EMG)‘s stock had its “equal weight” rating restated by investment analysts at Barclays in a note issued to investors on Tuesday. They currently have a GBX 102 ($1.72) price objective on the stock. Barclays’ target price points to a potential upside of 12.60% from the stock’s previous close.
Man Group Plc (LON:EMG) opened at 91.15 on Tuesday. Man Group Plc has a 52 week low of GBX 76.35 and a 52 week high of GBX 136.00. The stock has a 50-day moving average of GBX 100.7 and a 200-day moving average of GBX 91.25.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. raised their price target on shares of Man Group Plc from GBX 85 ($1.43) to GBX 88 ($1.48) in a research note on Tuesday, May 13th. They now have a “sell” rating on the stock. Separately, analysts at Goldman Sachs reiterated a “neutral” rating on shares of Man Group Plc in a research note on Monday, May 12th. They now have a GBX 110 ($1.85) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Man Group Plc in a research note on Monday, May 12th. They now have a GBX 96 ($1.61) price target on the stock. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. Man Group Plc has a consensus rating of “Hold” and an average target price of GBX 100.89 ($1.70).
Man Group plc is the holding company for the Man group of companies and affiliated entities (LON:EMG).
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