Man Group PLC (EMG) Given Consensus Rating of “Buy” by Analysts
Man Group PLC (LON:EMG) has earned a consensus rating of “Buy” from the thirteen ratings firms that are covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 203.36 ($2.65).
A number of research firms have issued reports on EMG. UBS Group restated a “neutral” rating and issued a GBX 190 ($2.47) price objective on shares of Man Group in a research report on Wednesday, August 1st. Numis Securities decreased their price objective on shares of Man Group from GBX 185 ($2.41) to GBX 178 ($2.32) and set a “hold” rating on the stock in a research report on Wednesday, August 8th. Finally, Jefferies Financial Group upgraded shares of Man Group to a “buy” rating and boosted their price objective for the company from GBX 192 ($2.50) to GBX 214 ($2.79) in a research report on Monday, July 23rd.
Shares of EMG stock traded down GBX 0.75 ($0.01) during mid-day trading on Wednesday, reaching GBX 176.15 ($2.29). The stock had a trading volume of 3,898,490 shares, compared to its average volume of 9,940,000. Man Group has a 52-week low of GBX 140.49 ($1.83) and a 52-week high of GBX 219.20 ($2.86).
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.
See Also: Return on Investment (ROI)
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