Man Group Plc (LON:EMG)‘s stock had its “overweight” rating restated by investment analysts at J P Morgan Chase & Co in a research note issued to investors on Monday, October 16th. They currently have a GBX 190 ($2.51) price objective on the investment management company’s stock. J P Morgan Chase & Co’s price target points to a potential upside of 0.11% from the stock’s current price.
Several other research analysts also recently commented on EMG. Citigroup Inc. cut Man Group Plc to a “neutral” rating and set a GBX 170 ($2.24) target price on the stock. in a research report on Wednesday, August 2nd. Goldman Sachs Group, Inc. (The) increased 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. Shore Capital reaffirmed a “buy” rating on shares of Man Group Plc in a research report on Tuesday, August 15th. Royal Bank Of Canada cut Man Group Plc to a “sector perform” rating and set a GBX 175 ($2.31) target price on the stock. in a research report on Thursday, September 28th. Finally, Barclays PLC reaffirmed 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. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 177.08 ($2.34).
Shares of Man Group Plc (LON EMG) opened at 189.80 on Monday. Man Group Plc has a 12-month low of GBX 111.90 and a 12-month high of GBX 192.30. The company’s market capitalization is GBX 3.13 billion. The stock’s 50 day moving average price is GBX 173.79 and its 200 day moving average price is GBX 161.43.
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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.
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