Man Group (EMG) Hits New 52-Week High at $203.20
Man Group Plc (LON:EMG)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 203.20 ($2.73) and last traded at GBX 200.60 ($2.70), with a volume of 6956836 shares traded. The stock had previously closed at GBX 200.60 ($2.70).
A number of research firms have recently issued reports on EMG. J P Morgan Chase & Co increased their price objective on shares of Man Group from GBX 190 ($2.56) to GBX 210 ($2.83) and gave the company an “overweight” rating in a research note on Wednesday, October 25th. Credit Suisse Group reiterated an “outperform” rating and set a GBX 195 ($2.62) price objective on shares of Man Group in a research note on Friday, October 13th. Macquarie reiterated a “neutral” rating and set a GBX 163 ($2.19) price objective on shares of Man Group in a research note on Tuesday, August 29th. Numis Securities reiterated a “hold” rating and set a GBX 155 ($2.09) price objective on shares of Man Group in a research note on Friday, October 13th. Finally, Societe Generale reiterated a “buy” rating and set a GBX 200 ($2.69) price objective on shares of Man Group in a research note on Monday, October 16th. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 177.46 ($2.39).
TRADEMARK VIOLATION WARNING: This article was posted by Daily Political and is the sole property of of Daily Political. If you are accessing this article on another domain, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The legal version of this article can be viewed at https://www.dailypolitical.com/2017/12/14/man-group-emg-hits-new-52-week-high-at-203-20.html.
Man Group Company Profile
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.
Receive News & Ratings for Man Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Man Group and related companies with MarketBeat.com's FREE daily email newsletter.