The Man Group Plc (LON:EMG) Receives “Buy” Rating from Shore Capital

The Man Group Plc (LON:EMG) Receives “Buy” Rating from Shore Capital

EMG has been the subject of several other reports. Liberum Capital reaffirmed a buy rating and set a GBX 148 ($1.95) target price on shares of Man Group Plc in a research report on Thursday, April 20th. Numis Securities Ltd reaffirmed a hold rating and set a GBX 135 ($1.78) target price on shares of Man Group Plc in a research report on Thursday, April 20th. Macquarie reaffirmed a neutral rating and set a GBX 151 ($1.99) target price on shares of Man Group Plc in a research report on Tuesday, May 2nd. J P Morgan Chase & Co raised their target price on Man Group Plc from GBX 170 ($2.24) to GBX 175 ($2.31) and gave the stock an overweight rating in a research report on Friday, April 28th. Finally, Barclays PLC reaffirmed an equal weight rating and set a GBX 165 ($2.18) target price on shares of Man Group Plc in a research report on Tuesday, June 27th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of GBX 163.92 ($2.16).

Shore Capital restated their buy rating on shares of Man Group Plc (LON:EMG) in a research report sent to investors on Tuesday.

Man Group Plc (LON EMG) traded down 0.59% during midday trading on Tuesday, reaching GBX 167.60. The company had a trading volume of 5,890,474 shares. Man Group Plc has a 12-month low of GBX 108.00 and a 12-month high of GBX 170.70. The stock has a 50-day moving average price of GBX 154.67 and a 200 day moving average price of GBX 148.35. The company’s market capitalization is GBX 2.78 billion.

Man Group Plc 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.

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