Man Group Plc (EMG) Rating Reiterated by Numis Securities Ltd
Man Group Plc (LON:EMG)‘s stock had its “hold” rating reiterated by analysts at Numis Securities Ltd in a research note issued on Tuesday. They presently have a GBX 110 ($1.44) price target on the investment management company’s stock. Numis Securities Ltd’s price target points to a potential downside of 3.00% from the company’s previous close.
Several other brokerages also recently weighed in on EMG. Credit Suisse Group AG restated an “outperform” rating and set a GBX 170 ($2.22) target price on shares of Man Group Plc in a research note on Friday, April 15th. Beaufort Securities restated a “hold” rating on shares of Man Group Plc in a research note on Monday, April 18th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 170 ($2.22) target price on shares of Man Group Plc in a research note on Monday, April 18th. Barclays PLC restated an “equal weight” rating and set a GBX 165 ($2.15) target price on shares of Man Group Plc in a research note on Monday, April 18th. Finally, Shore Capital restated a “buy” rating on shares of Man Group Plc in a research note on Friday, April 15th. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of GBX 144.93 ($1.89).
Shares of Man Group Plc (LON:EMG) traded down 2.0725% on Tuesday, reaching GBX 114.9479. The company’s stock had a trading volume of 7,053,328 shares. The stock has a 50-day moving average of GBX 113.72 and a 200 day moving average of GBX 126.60. The stock’s market capitalization is GBX 1.93 billion. Man Group Plc has a 52 week low of GBX 102.50 and a 52 week high of GBX 176.70.
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About Man Group Plc
Man Group plc is the holding company for the Man group of companies and affiliated entities (the Group). The Company operates in the alternative investment management sector. The Company has a geographically diverse investor base. It distributes to private investors through a network of over 4,000 intermediaries, and manages its institutional relationships directly.
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