Man Group Plc Given “Sell” Rating at Numis Securities Ltd (EMG)
Man Group Plc (LON:EMG)‘s stock had its “sell” rating reaffirmed by research analysts at Numis Securities Ltd in a report released on Thursday. They currently have a GBX 66 ($1.12) price objective on the stock. Numis Securities Ltd’s target price indicates a potential downside of 33.43% from the company’s current price.
A number of other firms have also recently commented on EMG. Analysts at RBC Capital reiterated a “sector performer” rating on shares of Man Group Plc in a research note on Tuesday. They now have a GBX 105 ($1.78) price target on the stock. Separately, 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. Four 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 stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 101.21 ($1.72).
Shares of Man Group Plc (LON:EMG) opened at 104.10 on Thursday. Man Group Plc has a 52 week low of GBX 76.35 and a 52 week high of GBX 108.80. The stock’s 50-day moving average is GBX 100.7 and its 200-day moving average is GBX 91.25. The company’s market cap is £1.868 billion.
Man Group plc is the holding company for the Man group of companies and affiliated entities (LON:EMG).
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