The Man Group Plc (EMG) Given “Hold” Rating at Numis Securities Ltd

The Man Group Plc (EMG) Given “Hold” Rating at Numis Securities Ltd

Man Group Plc (LON:EMG)‘s stock had its “hold” rating reissued by investment analysts at Numis Securities Ltd in a research note issued to investors on Friday. They presently have a GBX 115 ($1.42) target price on the investment management company’s stock. Numis Securities Ltd’s price target would indicate a potential upside of 5.80% from the company’s previous close.

EMG has been the topic of several other reports. Shore Capital reaffirmed a “buy” rating on shares of Man Group Plc in a report on Friday, September 2nd. Citigroup Inc. upgraded Man Group Plc to a “buy” rating and set a GBX 137 ($1.70) price target on the stock in a report on Monday, September 12th. BNP Paribas increased their price target on Man Group Plc from GBX 130 ($1.61) to GBX 135 ($1.67) and gave the company an “outperform” rating in a report on Tuesday. Goldman Sachs Group Inc. decreased their price target on Man Group Plc from GBX 155 ($1.92) to GBX 146 ($1.81) and set a “buy” rating on the stock in a report on Tuesday, September 27th. Finally, JPMorgan Chase & Co. upgraded Man Group Plc to an “overweight” rating and increased their price target for the company from GBX 120 ($1.49) to GBX 140 ($1.73) in a report on Tuesday, September 13th. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 145.29 ($1.80).

Shares of Man Group Plc (LON:EMG) opened at 124.09 on Friday. The company has a 50-day moving average of GBX 113.89 and a 200 day moving average of GBX 125.61. 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 cap is GBX 2.09 billion.

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