Today, Man Group Plc (EMG) Receives Consensus Rating of “Buy” from Analysts

Today, Man Group Plc (EMG) Receives Consensus Rating of “Buy” from Analysts
Man Group Plc (LON:EMG) has been given an average rating of “Buy” by the fourteen research firms that are currently covering the firm. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 140.33 ($1.75).

EMG has been the subject of a number of analyst reports. Numis Securities Ltd boosted their price target on Man Group Plc from GBX 110 ($1.37) to GBX 115 ($1.44) and gave the stock a “hold” rating in a report on Monday, August 1st. Shore Capital reissued a “buy” rating on shares of Man Group Plc in a report on Friday, September 2nd. Citigroup Inc. raised Man Group Plc to a “buy” rating and set a GBX 137 ($1.71) price target for the company in a report on Monday, September 12th. JPMorgan Chase & Co. raised Man Group Plc to an “overweight” rating and boosted their price target for the stock from GBX 120 ($1.50) to GBX 140 ($1.75) in a report on Tuesday, September 13th. Finally, Goldman Sachs Group Inc. cut their price target on Man Group Plc from GBX 155 ($1.94) to GBX 146 ($1.82) and set a “buy” rating for the company in a report on Tuesday, September 27th.

Shares of Man Group Plc (LON:EMG) traded up 0.81% on Friday, hitting GBX 123.80. The stock had a trading volume of 4,373,375 shares. The firm’s 50-day moving average is GBX 122.07 and its 200-day moving average is GBX 119.99. Man Group Plc has a one year low of GBX 102.50 and a one year high of GBX 176.70. The company’s market cap is GBX 2.08 billion.

Related posts

Leave a Comment