Man Group PLC (LON:EMG) Receives Consensus Recommendation of “Buy” from Analysts

Man Group PLC (LON:EMG) has been given an average recommendation of “Buy” by the ten brokerages that are currently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 176 ($2.30).

A number of equities analysts have commented on EMG shares. UBS Group set a $170.00 price objective on United Rentals and gave the stock a “buy” rating in a research note on Friday, June 28th. Jefferies Financial Group reissued a “hold” rating on shares of COMPASS GRP PLC/S in a research note on Tuesday, April 9th. Goldman Sachs Group raised to a “buy” rating and set a GBX 1,180 ($15.42) price objective on the stock in a research note on Tuesday, June 4th. Bank of America reissued a “buy” rating on shares of Continental in a research note on Wednesday, May 15th. Finally, JPMorgan Chase & Co. raised M.D.C. from an “underweight” rating to a “neutral” rating in a research note on Monday, July 8th.

Man Group stock traded up GBX 1.15 ($0.02) on Tuesday, reaching GBX 161.50 ($2.11). The company’s stock had a trading volume of 1,624,270 shares, compared to its average volume of 9,940,000. The company has a debt-to-equity ratio of 9.42, a quick ratio of 2.92 and a current ratio of 3.38. The stock has a market capitalization of $2.48 billion and a P/E ratio of 9.50. The company’s fifty day moving average is GBX 151.59. Man Group has a twelve month low of GBX 124.15 ($1.62) and a twelve month high of GBX 185.40 ($2.42).

About Man Group

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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Analyst Recommendations for Man Group (LON:EMG)

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