Numis Securities Ltd restated their hold rating on shares of Man Group Plc (LON:EMG) in a report released on Friday. They currently have a GBX 115 ($1.40) price objective on the investment management company’s stock.
A number of other analysts also recently weighed in on the stock. Liberum Capital reiterated a buy rating and issued a GBX 125 ($1.52) price target on shares of Man Group Plc in a research report on Friday, October 14th. BNP Paribas raised their target price on shares of Man Group Plc from GBX 130 ($1.58) to GBX 135 ($1.65) and gave the stock an outperform rating in a report on Tuesday, October 11th. Macquarie restated a neutral rating and set a GBX 147 ($1.79) target price on shares of Man Group Plc in a report on Friday, October 7th. Goldman Sachs Group Inc. dropped their target price on shares of 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. Finally, JPMorgan Chase & Co. upgraded shares of Man Group Plc to an overweight rating and raised their target price for the stock from GBX 120 ($1.46) to GBX 140 ($1.71) in a report on Tuesday, September 13th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of GBX 140.17 ($1.71).
Shares of Man Group Plc (LON:EMG) opened at 122.20 on Friday. The firm’s market capitalization is GBX 2.05 billion. The stock has a 50 day moving average of GBX 114.88 and a 200-day moving average of GBX 124.70. Man Group Plc has a 52 week low of GBX 102.50 and a 52 week high of GBX 176.70.
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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