Man Group Plc Coverage Initiated by Analysts at Liberum Capital (EMG)
Liberum Capital started coverage on shares of Man Group Plc (LON:EMG) in a research note issued on Thursday. The firm set a “buy” rating and a GBX 112 ($1.88) price target on the stock. Liberum Capital’s price objective would indicate a potential upside of 13.23% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Berenberg Bank upgraded shares of Man Group Plc to a “hold” rating in a research note on Monday. They now have a GBX 90 ($1.51) price target on the stock, up previously from GBX 70 ($1.17). Separately, analysts at Panmure Gordon raised their price target on shares of Man Group Plc from GBX 100 ($1.68) to GBX 125 ($2.10) in a research note on Monday. They now have a “buy” rating on the stock. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of Man Group Plc in a research note on Thursday, May 29th. They now have a GBX 105 ($1.76) price target on the stock. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. Man Group Plc currently has a consensus rating of “Hold” and a consensus price target of GBX 101.21 ($1.70).
Shares of Man Group Plc (LON:EMG) traded up 1.12% during mid-day trading on Thursday, hitting GBX 100.01. 7,927,966 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 110.00. 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).
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