Man Group Plc (EMG) PT Raised to GBX 150 at BNP Paribas
Man Group Plc (LON:EMG) had its target price upped by investment analysts at BNP Paribas from GBX 135 ($1.65) to GBX 150 ($1.83) in a research note issued on Monday. The brokerage currently has an “outperform” rating on the investment management company’s stock. BNP Paribas’ target price would suggest a potential upside of 20.00% from the stock’s current price.
Other equities research analysts have also recently issued research reports about the stock. Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 148 ($1.80) target price on shares of Man Group Plc in a research report on Tuesday, July 12th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 115 ($1.40) target price on shares of Man Group Plc in a research report on Friday, October 14th. Royal Bank Of Canada upgraded shares of Man Group Plc to an “outperform” rating and set a GBX 140 ($1.71) target price for the company in a research report on Friday, July 22nd. JPMorgan Chase & Co. dropped their target price on shares of Man Group Plc from GBX 170 ($2.07) to GBX 125 ($1.52) and set a “neutral” rating for the company in a research report on Wednesday, June 29th. Finally, Jefferies Group dropped their target price on shares of Man Group Plc from GBX 180 ($2.19) to GBX 141 ($1.72) and set a “buy” rating for the company in a research report on Tuesday, July 5th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of GBX 140.17 ($1.71).
Shares of Man Group Plc (LON:EMG) opened at 122.40 on Monday. Man Group Plc has a 12-month low of GBX 102.50 and a 12-month high of GBX 176.70. The company’s market capitalization is GBX 2.06 billion. The company has a 50 day moving average of GBX 114.88 and a 200-day moving average of GBX 124.70.
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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