Man Group Plc (EMG) Earns Outperform Rating from Credit Suisse Group
Man Group Plc (LON:EMG)‘s stock had its “outperform” rating reissued by analysts at Credit Suisse Group in a research note issued on Friday.
A number of other research analysts also recently issued reports on EMG. BNP Paribas reissued a “neutral” rating and set a GBX 140 ($1.83) price objective on shares of Man Group Plc in a research report on Monday, March 27th. Jefferies Group LLC upped their target price on shares of Man Group Plc from GBX 167 ($2.18) to GBX 169 ($2.21) and gave the stock a “buy” rating in a research report on Monday, April 10th. Shore Capital reaffirmed a “buy” rating on shares of Man Group Plc in a research report on Thursday, April 20th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 148 ($1.93) target price on shares of Man Group Plc in a research report on Thursday, April 20th. Finally, Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 135 ($1.76) target price on shares of Man Group Plc in a research report on Thursday, April 20th. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of GBX 162 ($2.12).
Shares of Man Group Plc (LON EMG) opened at 154.00 on Friday. Man Group Plc has a 12-month low of GBX 108.00 and a 12-month high of GBX 164.10. The firm has a 50-day moving average of GBX 154.29 and a 200-day moving average of GBX 146.13. The firm’s market capitalization is GBX 2.56 billion.
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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