BNP Paribas reissued their neutral rating on shares of Man Group Plc (LON:EMG) in a report issued on Tuesday. They currently have a GBX 160 ($2.09) price objective on the investment management company’s stock.
EMG has been the subject of several other research reports. Jefferies Group LLC increased their price objective on shares of Man Group Plc from GBX 167 ($2.18) to GBX 169 ($2.21) and gave the stock a buy rating in a research report on Monday, April 10th. J P Morgan Chase & Co increased their price objective on shares of Man Group Plc from GBX 175 ($2.29) to GBX 180 ($2.35) and gave the stock an overweight rating in a research report on Thursday, July 6th. Credit Suisse Group reissued an outperform rating and set a GBX 195 ($2.55) price objective on shares of Man Group Plc in a research report on Tuesday, May 2nd. Macquarie reissued a neutral rating and set a GBX 151 ($1.97) price objective on shares of Man Group Plc in a research report on Tuesday, May 2nd. Finally, Numis Securities Ltd reissued a hold rating and set a GBX 135 ($1.76) price objective on shares of Man Group Plc in a research report on Thursday, April 20th. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock has an average rating of Buy and an average target price of GBX 160.31 ($2.09).
Man Group Plc (LON:EMG) opened at 153.40 on Tuesday. The stock’s market capitalization is GBX 2.55 billion. Man Group Plc has a 12-month low of GBX 108.00 and a 12-month high of GBX 164.10. The stock’s 50 day moving average is GBX 154.46 and its 200 day moving average is GBX 145.96.
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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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