Societe Generale Raises Man Group Plc (EMG) Price Target to GBX 155
Man Group Plc (LON:EMG) had its price objective raised by stock analysts at Societe Generale from GBX 145 ($1.79) to GBX 155 ($1.92) in a report issued on Monday. The firm currently has a “buy” rating on the investment management company’s stock. Societe Generale’s price target suggests a potential upside of 26.32% from the company’s previous close.
Other equities analysts have also issued reports about the stock. Liberum Capital reissued a “buy” rating and issued a GBX 125 ($1.55) price objective on shares of Man Group Plc in a research report on Tuesday, July 26th. Shore Capital reissued a “buy” rating on shares of Man Group Plc in a research report on Wednesday, July 20th. Jefferies Group dropped their price objective on shares of Man Group Plc from GBX 180 ($2.23) to GBX 141 ($1.75) and set a “buy” rating on the stock in a research report on Tuesday, July 5th. Citigroup Inc. raised shares of Man Group Plc to a “buy” rating and set a GBX 137 ($1.70) price objective on the stock in a research report on Monday, September 12th. Finally, Goldman Sachs Group Inc. dropped their price objective on shares of Man Group Plc from GBX 155 ($1.92) to GBX 146 ($1.81) and set a “buy” rating on the stock in a research report on Tuesday, September 27th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of GBX 140.17 ($1.73).
Man Group Plc (LON:EMG) opened at 123.0618 on Monday. Man Group Plc has a 52-week low of GBX 102.50 and a 52-week high of GBX 176.70. The firm has a 50-day moving average of GBX 114.11 and a 200-day moving average of GBX 125.48. The firm’s market capitalization is GBX 2.07 billion.
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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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