Man Group Plc (LON:EMG) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Man Group Plc (LON:EMG) has been given a consensus recommendation of “Moderate Buy” by the six analysts that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 291.17 ($3.70).

A number of equities research analysts have weighed in on EMG shares. Canaccord Genuity Group raised Man Group to a “buy” rating and lifted their target price for the company from GBX 194 ($2.47) to GBX 272 ($3.46) in a research report on Wednesday, December 11th. Canaccord Genuity Group upgraded Man Group to a “buy” rating and lifted their price objective for the company from GBX 194 ($2.47) to GBX 272 ($3.46) in a report on Wednesday, December 11th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 280 ($3.56) target price on shares of Man Group in a report on Tuesday, September 3rd.

Man Group Trading Up 1.4 %

Shares of EMG stock traded up GBX 2.80 ($0.04) on Wednesday, reaching GBX 208.80 ($2.65). 2,610,212 shares of the company’s stock were exchanged, compared to its average volume of 4,456,716. The company’s fifty day simple moving average is GBX 206.93 and its 200 day simple moving average is GBX 224.18. The stock has a market capitalization of £2.40 billion, a PE ratio of 1,044.00, a P/E/G ratio of -1.15 and a beta of 0.71. The company has a current ratio of 3.23, a quick ratio of 1.58 and a debt-to-equity ratio of 29.95. Man Group has a 52 week low of GBX 196.87 ($2.50) and a 52 week high of GBX 279.23 ($3.55).

About Man Group

With a heritage in aiming to deliver attractive performance and tailored client solutions, Man Group is a highly active investment manager, powered by cutting edge investment technology. As a manager of millions of savers’ capital, we have a responsibility as stewards of those investments to create a better, more sustainable future for investors and society.