ManpowerGroup (NYSE:MAN)‘s stock had its “buy” rating reaffirmed by equities research analysts at BMO Capital Markets in a note issued to investors on Friday. They currently have a $134.00 price target on the business services provider’s stock. BMO Capital Markets’ price target indicates a potential upside of 10.32% from the company’s previous close.

A number of other equities analysts have also weighed in on MAN. BidaskClub upgraded shares of ManpowerGroup from a “hold” rating to a “buy” rating in a research report on Tuesday, June 20th. Zacks Investment Research upgraded shares of ManpowerGroup from a “hold” rating to a “buy” rating and set a $125.00 price target for the company in a research report on Tuesday, July 4th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $111.00 price target (up from $104.00) on shares of ManpowerGroup in a research report on Friday, July 14th. Northcoast Research reiterated a “neutral” rating on shares of ManpowerGroup in a research report on Monday, July 17th. Finally, Credit Suisse Group reiterated a “neutral” rating and issued a $111.00 price target (up from $106.00) on shares of ManpowerGroup in a research report on Tuesday, July 25th. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $111.60.

ManpowerGroup (NYSE:MAN) last posted its quarterly earnings results on Monday, July 24th. The business services provider reported $1.72 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.73 by ($0.01). The firm had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.06 billion. ManpowerGroup had a return on equity of 17.90% and a net margin of 2.24%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.60 earnings per share.

ILLEGAL ACTIVITY WARNING: This piece was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another domain, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/10/13/manpowergroup-man-earns-buy-rating-from-bmo-capital-markets.html.

In related news, COO Darryl Green sold 76,000 shares of the company’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $105.83, for a total transaction of $8,043,080.00. Following the completion of the transaction, the chief operating officer now owns 36,454 shares in the company, valued at $3,857,926.82. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Sriram Chandrashekar sold 19,912 shares of the company’s stock in a transaction on Thursday, July 27th. The stock was sold at an average price of $105.39, for a total transaction of $2,098,525.68. Following the transaction, the executive vice president now owns 1,659 shares of the company’s stock, valued at approximately $174,842.01. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 122,858 shares of company stock valued at $13,029,300. 0.87% of the stock is owned by company insiders.

Several large investors have recently modified their holdings of the stock. Curbstone Financial Management Corp boosted its position in shares of ManpowerGroup by 84.2% during the third quarter. Curbstone Financial Management Corp now owns 3,500 shares of the business services provider’s stock worth $412,000 after acquiring an additional 1,600 shares during the last quarter. WINTON GROUP Ltd boosted its position in shares of ManpowerGroup by 101.9% during the second quarter. WINTON GROUP Ltd now owns 52,693 shares of the business services provider’s stock worth $5,883,000 after acquiring an additional 26,600 shares during the last quarter. Koch Industries Inc. bought a new position in shares of ManpowerGroup during the second quarter worth $208,000. Seminole Management Co. Inc. boosted its position in shares of ManpowerGroup by 10.8% during the second quarter. Seminole Management Co. Inc. now owns 14,400 shares of the business services provider’s stock worth $1,608,000 after acquiring an additional 1,400 shares during the last quarter. Finally, Security National Bank of SO Dak boosted its position in shares of ManpowerGroup by 1.2% during the second quarter. Security National Bank of SO Dak now owns 8,165 shares of the business services provider’s stock worth $911,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 93.71% of the company’s stock.

ManpowerGroup Company Profile

ManpowerGroup Inc is a provider of workforce solutions and services. The Company’s segments include Americas, Southern Europe, Northern Europe, Asia Pacific Middle East (APME), Right Management and Corporate. The Company’s Americas segment includes operations in the United States and Other Americas. Its Southern Europe segment includes operations in France, Italy and Other Southern Europe.

Analyst Recommendations for ManpowerGroup (NYSE:MAN)

Receive News & Stock Ratings for ManpowerGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ManpowerGroup and related stocks with our FREE daily email newsletter.