Man Group Plc (EMG) Price Target Increased to GBX 135 by Analysts at BNP Paribas
Man Group Plc (LON:EMG) had its price target raised by BNP Paribas from GBX 130 ($1.61) to GBX 135 ($1.67) in a report released on Tuesday. BNP Paribas currently has an outperform rating on the investment management company’s stock.
EMG has been the subject of a number of other research reports. Goldman Sachs Group Inc. reissued a conviction-buy rating and issued a GBX 155 ($1.92) price objective on shares of Man Group Plc in a research report on Monday, July 4th. JPMorgan Chase & Co. raised Man Group Plc to an overweight rating and raised their price objective for the stock from GBX 120 ($1.49) to GBX 140 ($1.73) in a research report on Tuesday, September 13th. Numis Securities Ltd reissued a hold rating and issued a GBX 115 ($1.42) price objective on shares of Man Group Plc in a research report on Wednesday, October 5th. Citigroup Inc. raised Man Group Plc to a buy rating and set a GBX 137 ($1.70) price objective for the company in a research report on Monday, September 12th. Finally, Macquarie reissued a neutral rating and issued a GBX 147 ($1.82) price objective on shares of Man Group Plc in a research report on Friday, October 7th. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of GBX 145.29 ($1.80).
Shares of Man Group Plc (LON:EMG) traded up 0.83% during trading on Tuesday, hitting GBX 114.74. The company had a trading volume of 2,759,827 shares. Man Group Plc has a 52 week low of GBX 102.50 and a 52 week high of GBX 176.70. The firm’s 50 day moving average is GBX 113.91 and its 200-day moving average is GBX 125.81. The stock’s market capitalization is GBX 1.93 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.
Receive News & Stock Ratings for Man Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Man Group Plc and related stocks with our FREE daily email newsletter.