Man Group Plc Given “Hold” Rating at Jefferies Group (EMG)
Man Group Plc (LON:EMG)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Group in a report released on Tuesday. They currently have a GBX 100 ($1.71) price objective on the stock. Jefferies Group’s price target indicates a potential downside of 11.58% from the company’s current price.
A number of other analysts have also recently weighed in on EMG. Analysts at HSBC reiterated an “overweight” rating on shares of Man Group Plc in a research note on Tuesday, July 8th. They now have a GBX 130 ($2.23) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “sell” rating on shares of Man Group Plc in a research note on Wednesday, July 2nd. They now have a GBX 74 ($1.27) price target on the stock. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 102.60 ($1.76).
Man Group Plc (LON:EMG) traded down 0.44% on Tuesday, hitting GBX 113.10. 5,293,150 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 117.912. 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 £2.029 billion.
Man Group plc is the holding company for the Man group of companies and affiliated entities (LON:EMG).
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