Man Group Plc’s (LON:EMG) Outperform Rating Reaffirmed at Credit Suisse Group
A number of other research analysts also recently issued reports on EMG. BNP Paribas reissued a neutral rating and issued a GBX 140 ($1.83) price objective on shares of Man Group Plc in a research note on Monday, March 27th. Jefferies Group LLC boosted their price objective on Man Group Plc from GBX 167 ($2.18) to GBX 169 ($2.21) and gave the company a buy rating in a research note on Monday, April 10th. Shore Capital reissued a buy rating on shares of Man Group Plc in a research note on Thursday, April 20th. Liberum Capital reissued a buy rating and issued a GBX 148 ($1.93) price objective on shares of Man Group Plc in a research note on Thursday, April 20th. Finally, Numis Securities Ltd reissued a hold rating and issued a GBX 135 ($1.76) price objective on shares of Man Group Plc in a research note on Thursday, April 20th. Seven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Man Group Plc presently has a consensus rating of Buy and an average target price of GBX 162 ($2.12).
Man Group Plc (LON EMG) opened at 153.80 on Friday. The firm’s market cap is GBX 2.55 billion. Man Group Plc has a 1-year low of GBX 108.00 and a 1-year high of GBX 164.10. The firm has a 50-day moving average price of GBX 154.29 and a 200 day moving average price of GBX 146.13.
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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