Credit Suisse Group Reaffirms Outperform Rating for Man Group Plc (EMG)
Man Group Plc (LON:EMG)‘s stock had its “outperform” rating reiterated by investment analysts at Credit Suisse Group in a research report issued to clients and investors on Friday. They presently have a GBX 195 ($2.56) price objective on the investment management company’s stock. Credit Suisse Group’s price objective indicates a potential upside of 8.33% from the stock’s current price.
Other analysts have also issued reports about the stock. Shore Capital reaffirmed a “buy” rating on shares of Man Group Plc in a research note on Tuesday, August 15th. Goldman Sachs Group, Inc. (The) upped their price objective on shares of Man Group Plc from GBX 170 ($2.24) to GBX 175 ($2.30) and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. Liberum Capital reaffirmed a “buy” rating and issued a GBX 177 ($2.33) price objective on shares of Man Group Plc in a research note on Tuesday, August 1st. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 170 ($2.24) price objective on shares of Man Group Plc in a research note on Wednesday, August 2nd. Finally, Jefferies Group LLC lowered shares of Man Group Plc to a “hold” rating and lowered their price objective for the stock from GBX 169 ($2.22) to GBX 164 ($2.16) in a research note on Tuesday, July 11th. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 168 ($2.21).
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.
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.