Brokers bullish on Man shares
The Man (LON:EMG) share price has risen by 15.0% over the past month and it’s currently trading at 136.35. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Man currently has:
- 2 Buy recommendations
- 7 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
Researching beyond analyst forecasts
At its current price of 136.35, shares in Man are trading at a discount of -17.4% to its 52 week high price. The 1-year performance of the shares has been -14.0%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Man it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Man that you can find out about here.
About us
Stockopedia helps individual investors make confident, profitable choices in the stock market. Our StockRank and factor investing toolbox unlocks institutional-quality insights into thousands of global stocks. Voted “Best Investment Research Tools” and “Best Research Service” at the 2021 UK Investor Magazine awards.