Man Group Plc (EMG) Receives Average Recommendation of “Hold” from Analysts
Man Group Plc (LON:EMG) has been given a consensus rating of “Hold” by the fourteen brokerages that are covering the stock, MarketBeat.com reports. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is GBX 177.08 ($2.33).
A number of brokerages have issued reports on EMG. Credit Suisse Group reaffirmed an “outperform” rating on shares of Man Group Plc in a report on Friday, July 21st. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 170 ($2.24) target price on shares of Man Group Plc in a report on Wednesday, August 2nd. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 155 ($2.04) target price on shares of Man Group Plc in a report on Friday, October 13th. Shore Capital reaffirmed a “buy” rating on shares of Man Group Plc in a report on Tuesday, August 1st. Finally, Goldman Sachs Group, Inc. (The) upped their target price on Man Group Plc from GBX 170 ($2.24) to GBX 175 ($2.30) and gave the stock a “buy” rating in a report on Wednesday, August 2nd.
Man Group Plc (LON EMG) opened at GBX 190.90 ($2.51) on Thursday. Man Group Plc has a twelve month low of GBX 111.90 ($1.47) and a twelve month high of GBX 195.30 ($2.57).
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About Man Group Plc
Man Group plc provides alternative investment management services worldwide. The company offers a range of liquid investment products and solutions, which include quantitative and discretionary, long only and long short, and single and multi-manager. It distributes its products and solutions directly to institutions; and to private investors through a network of intermediaries.
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