Man Group Plc (EMG) Given Consensus Rating of “Buy” by Analysts
Man Group Plc (LON:EMG) has earned an average rating of “Buy” from the fifteen analysts that are presently covering the company. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 156.46 ($2.04).
Several analysts have recently weighed in on EMG shares. Societe Generale lifted their target price on shares of Man Group Plc from GBX 155 ($2.02) to GBX 160 ($2.08) and gave the company a “buy” rating in a research report on Thursday, March 2nd. Citigroup Inc reiterated a “buy” rating and set a GBX 160 ($2.08) target price on shares of Man Group Plc in a research report on Thursday, March 2nd. Shore Capital reiterated a “buy” rating on shares of Man Group Plc in a research report on Wednesday, March 1st. Liberum Capital reiterated a “buy” rating and set a GBX 148 ($1.93) target price on shares of Man Group Plc in a research report on Wednesday, March 1st. Finally, Goldman Sachs Group Inc lifted their target price on shares of Man Group Plc from GBX 140 ($1.82) to GBX 160 ($2.08) and gave the company a “buy” rating in a research report on Tuesday, January 24th.
Shares of Man Group Plc (LON:EMG) opened at 156.60 on Tuesday. The firm’s market cap is GBX 2.60 billion. Man Group Plc has a 1-year low of GBX 102.50 and a 1-year high of GBX 164.10. The company’s 50-day moving average is GBX 152.04 and its 200 day moving average is GBX 135.73.
The company also recently declared a dividend, which was paid on Friday, May 12th. Investors of record on Thursday, April 20th were issued a dividend of GBX 3.62 ($0.05) per share. This is an increase from Man Group Plc’s previous dividend of $3.43. This represents a yield of 2.52%. The ex-dividend date was Thursday, April 20th.
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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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