Man Group Plc (LON:EMG) Given Consensus Recommendation of “Buy” by Analysts
Shares of Man Group Plc (LON:EMG) have received a consensus recommendation of “Buy” from the seventeen analysts that are currently covering the company. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 149.27 ($1.95).
Several equities analysts recently issued reports on EMG shares. Numis Securities Ltd reissued a “hold” rating and set a GBX 115 ($1.50) price objective on shares of Man Group Plc in a report on Friday, September 2nd. Beaufort Securities reissued a “hold” rating on shares of Man Group Plc in a report on Wednesday, July 27th. BNP Paribas reissued an “outperform” rating and set a GBX 130 ($1.70) price objective on shares of Man Group Plc in a report on Wednesday, July 27th. Barclays PLC reissued an “equal weight” rating and set a GBX 130 ($1.70) price objective on shares of Man Group Plc in a report on Thursday, July 21st. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 125 ($1.63) price objective on shares of Man Group Plc in a report on Wednesday, July 27th.
Man Group Plc (LON:EMG) opened at 115.70 on Thursday. The stock’s 50 day moving average price is GBX 113.95 and its 200 day moving average price is GBX 130.11. The company’s market capitalization is GBX 1.94 billion. Man Group Plc has a 12-month low of GBX 102.50 and a 12-month high of GBX 176.70.
The business also recently disclosed a dividend, which was paid on Wednesday, August 31st. Stockholders of record on Thursday, August 11th were paid a dividend of GBX 3.43 ($0.04) per share. This is an increase from Man Group Plc’s previous dividend of $3.40. This represents a dividend yield of 3.04%. The ex-dividend date of this dividend was Thursday, August 11th.
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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