Man Group Plc’s (EMG) Buy Rating Reaffirmed at Liberum Capital
Man Group Plc (LON:EMG)‘s stock had its “buy” rating reaffirmed by equities research analysts at Liberum Capital in a research report issued on Friday. They presently have a GBX 125 ($1.55) target price on the investment management company’s stock. Liberum Capital’s price target indicates a potential upside of 15.00% from the company’s previous close.
A number of other research firms have also issued reports on EMG. Royal Bank Of Canada raised shares of Man Group Plc to an “outperform” rating and set a GBX 140 ($1.73) target price for the company in a report on Friday, July 22nd. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 130 ($1.61) target price on shares of Man Group Plc in a report on Thursday, July 21st. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 148 ($1.83) target price on shares of Man Group Plc in a report on Tuesday, July 26th. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 110 ($1.36) target price on shares of Man Group Plc in a report on Tuesday, July 26th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Man Group Plc in a report on Wednesday, July 20th. Five investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Man Group Plc presently has an average rating of “Buy” and an average price target of GBX 145.29 ($1.80).
Man Group Plc (LON:EMG) opened at 123.30 on Friday. The firm’s 50-day moving average is GBX 113.89 and its 200-day moving average is GBX 125.61. The stock’s market cap is GBX 2.07 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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Man Group Plc Company Profile
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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