Citigroup Inc. reiterated their buy rating on shares of Man Group Plc (LON:EMG) in a report issued on Monday morning. They currently have a GBX 145 ($1.77) price objective on the investment management company’s stock.
EMG has been the subject of a number of other reports. Shore Capital restated a buy rating on shares of Man Group Plc in a research note on Friday, September 2nd. Numis Securities Ltd restated a hold rating and set a GBX 115 ($1.40) price objective on shares of Man Group Plc in a research note on Wednesday, October 5th. BNP Paribas upped their price objective on Man Group Plc from GBX 130 ($1.58) to GBX 135 ($1.65) and gave the stock an outperform rating in a research note on Tuesday, October 11th. Goldman Sachs Group Inc. decreased their price objective on Man Group Plc from GBX 155 ($1.89) to GBX 146 ($1.78) and set a buy rating for the company in a research note on Tuesday, September 27th. Finally, JPMorgan Chase & Co. upgraded Man Group Plc to an overweight rating and upped their price objective for the stock from GBX 120 ($1.46) to GBX 140 ($1.71) in a research note on Tuesday, September 13th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of GBX 140.17 ($1.71).
Shares of Man Group Plc (LON:EMG) opened at 124.00 on Monday. The firm’s 50 day moving average price is GBX 114.59 and its 200-day moving average price is GBX 124.89. Man Group Plc has a 1-year low of GBX 102.50 and a 1-year high of GBX 176.70. The company’s market capitalization is GBX 2.08 billion.
About Man Group Plc
Man Group plc is the holding company for the Man group of companies and affiliated entities (the Group). The Company operates in the alternative investment management sector. The Company has a geographically diverse investor base. It distributes to private investors through a network of over 4,000 intermediaries, and manages its institutional relationships directly.
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