Man Group Plc Stock Rating Reaffirmed by Numis Securities Ltd (EMG)
Man Group Plc (LON:EMG)‘s stock had its “sell” rating reaffirmed by stock analysts at Numis Securities Ltd in a report issued on Wednesday. They currently have a GBX 74 ($1.26) price target on the stock. Numis Securities Ltd’s target price suggests a potential downside of 30.84% from the company’s current price.
Man Group Plc (LON:EMG) opened at 107.70 on Wednesday. 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 £1.932 billion.
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 Monday. They now have a GBX 130 ($2.21) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Man Group Plc in a research note on Friday, June 20th. They now have a GBX 100 ($1.70) price target on the stock. Finally, analysts at Charles Stanley upgraded shares of Man Group Plc to a “neutral” rating in a research note on Friday, June 20th. They now have a GBX 102 ($1.74) price target on the stock, up previously from GBX 88 ($1.50). Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have issued a buy rating to the company. Man Group Plc presently has an average rating of “Hold” and an average price target of GBX 102.60 ($1.75).
Man Group plc is the holding company for the Man group of companies and affiliated entities (LON:EMG).
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