Macquarie Reaffirms “Neutral” Rating for Man Group Plc (EMG)

Macquarie reiterated their neutral rating on shares of Man Group Plc (LON:EMG) in a report released on Wednesday, October 18th. They currently have a GBX 193 ($2.55) price objective on the investment management company’s stock.

Other equities research analysts have also recently issued reports about the company. Credit Suisse Group restated an outperform rating on shares of Man Group Plc in a research report on Friday, July 21st. Barclays PLC restated an equal weight rating and set a GBX 170 ($2.24) target price on shares of Man Group Plc in a research report on Wednesday, August 2nd. Shore Capital restated a buy rating on shares of Man Group Plc in a research report on Tuesday, August 1st. Numis Securities Ltd restated a hold rating and set a GBX 155 ($2.05) target price on shares of Man Group Plc in a research report on Friday, October 13th. Finally, Goldman Sachs Group, Inc. (The) raised their target price on Man Group Plc from GBX 170 ($2.24) to GBX 175 ($2.31) and gave the company a buy rating in a research report on Wednesday, August 2nd. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Man Group Plc currently has a consensus rating of Hold and an average target price of GBX 177.08 ($2.34).

Man Group Plc (EMG) opened at 190.90 on Wednesday. The firm’s 50-day moving average price is GBX 173.79 and its 200-day moving average price is GBX 161.43. The stock’s market cap is GBX 3.15 billion. Man Group Plc has a 52 week low of GBX 111.90 and a 52 week high of GBX 192.30.

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Man Group Plc Company Profile

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.

Analyst Recommendations for Man Group Plc (LON:EMG)

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