Man Group Plc Rating Reiterated by RBC Capital (EMG)
Man Group Plc (LON:EMG)‘s stock had its “sector performer” rating reaffirmed by stock analysts at RBC Capital in a report issued on Tuesday. They currently have a GBX 105 ($1.78) price target on the stock. RBC Capital’s price target would indicate a potential upside of 3.04% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at HSBC reiterated an “overweight” rating on shares of Man Group Plc in a research note on Thursday, June 12th. They now have a GBX 125 ($2.12) price target on the stock. Separately, analysts at Numis Securities Ltd raised their price target on shares of Man Group Plc from GBX 65 ($1.10) to GBX 66 ($1.12) in a research note on Monday, June 9th. They now have a “sell” rating on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “sell” rating on shares of Man Group Plc in a research note on Monday, June 9th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 102.28 ($1.74).
Shares of Man Group Plc (LON:EMG) opened at 101.30 on Tuesday. Man Group Plc has a 52-week low of GBX 76.35 and a 52-week high of GBX 108.80. The stock has a 50-day moving average of GBX 100.7 and a 200-day moving average of GBX 91.25. The company’s market cap is £1.817 billion.
Man Group plc is the holding company for the Man group of companies and affiliated entities (LON:EMG).
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