Credit Suisse Group Reaffirms Outperform Rating for Man Group Plc (LON:EMG)

Credit Suisse Group restated their outperform rating on shares of Man Group Plc (LON:EMG) in a report issued on Friday, July 21st.

Several other research firms also recently commented on EMG. Shore Capital reiterated a buy rating on shares of Man Group Plc in a research note on Thursday, April 20th. BNP Paribas reiterated a neutral rating and set a GBX 160 ($2.08) price objective on shares of Man Group Plc in a research note on Tuesday, July 18th. J P Morgan Chase & Co reiterated an overweight rating and set a GBX 170 ($2.21) price objective on shares of Man Group Plc in a research note on Friday, April 21st. Jefferies Group LLC downgraded shares of Man Group Plc to a hold rating and lowered their price objective for the stock from GBX 169 ($2.19) to GBX 164 ($2.13) in a research note on Tuesday, July 11th. Finally, Barclays PLC reiterated an equal weight rating and set a GBX 165 ($2.14) price objective on shares of Man Group Plc in a research note on Tuesday, June 27th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 163.92 ($2.13).

Shares of Man Group Plc (EMG) traded up 0.43% on Friday, reaching GBX 164.80. The company’s stock had a trading volume of 4,260,558 shares. The company’s market cap is GBX 2.72 billion. Man Group Plc has a 12-month low of GBX 108.00 and a 12-month high of GBX 170.70. The company’s 50 day moving average price is GBX 158.62 and its 200 day moving average price is GBX 151.35.

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The firm also recently declared a dividend, which will be paid on Wednesday, September 6th. Investors of record on Thursday, August 17th will be given a dividend of GBX 3.79 ($0.05) per share. The ex-dividend date is Thursday, August 17th. This is a positive change from Man Group Plc’s previous dividend of $3.62. This represents a yield of 2.29%.

About Man Group Plc

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.

Analyst Recommendations for Man Group Plc (LON:EMG)

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