Man Group Plc (LON:EMG)‘s stock had its “overweight” rating reiterated by investment analysts at JPMorgan Chase & Co. in a research note issued to investors on Monday. They presently have a GBX 140 ($1.71) price objective on the investment management company’s stock. JPMorgan Chase & Co.’s price target points to a potential upside of 12.00% from the stock’s current price.
A number of other equities analysts have also recently issued reports on the company. BNP Paribas increased their price target on Man Group Plc from GBX 135 ($1.65) to GBX 150 ($1.83) and gave the stock an “outperform” rating in a report on Monday. Numis Securities Ltd restated a “hold” rating and set a GBX 115 ($1.40) price target on shares of Man Group Plc in a report on Friday, October 14th. Liberum Capital restated a “buy” rating and set a GBX 125 ($1.52) price target on shares of Man Group Plc in a report on Friday, October 14th. Macquarie restated a “neutral” rating and set a GBX 147 ($1.79) price target on shares of Man Group Plc in a report on Friday, October 7th. Finally, Goldman Sachs Group Inc. cut their price target on Man Group Plc from GBX 155 ($1.89) to GBX 146 ($1.78) and set a “buy” rating on the stock in a report on Tuesday, September 27th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 140.17 ($1.71).
Man Group Plc (LON:EMG) opened at 122.40 on Monday. Man Group Plc has a 52-week low of GBX 102.50 and a 52-week high of GBX 176.70. The company’s market capitalization is GBX 2.06 billion. The firm’s 50-day moving average is GBX 114.88 and its 200-day moving average is GBX 124.70.
Man Group Plc Company Profile
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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