ManpowerGroup (MAN) : 4 brokerage houses believe that ManpowerGroup (MAN) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on ManpowerGroup (MAN). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 2.36.
ManpowerGroup (MAN) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $105 and the lowest price target forecast is $65. The average forecast of all the analysts is $83 and the expected standard deviation is $14.51.
Company shares have received an average consensus rating of Hold for the current week ManpowerGroup (NYSE:MAN): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $69.27 and $69.11 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $70.39. The buying momentum continued till the end and the stock did not give up its gains. It closed at $70.18, notching a gain of 1.67% for the day. The total traded volume was 940,315 . The stock had closed at $69.03 on the previous day.
In a related news, The officer (SEVP), of Manpowergroup Inc., Van Handel Michael J had unloaded 31,855 shares at $69.77 per share in a transaction on July 29, 2016. The total value of transaction was $2,222,523. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
ManpowerGroup Inc. is a Germany-based provider of workforce solutions and services. Its services include recruitment and assessment, career management, outsourcing, workforce consulting, and training and development, including training courses and leadership development solutions. The Company provides clients with outsourcing services related to human resources functions primarily in the areas of recruiting and workforce-intensive initiatives. It operates through various brands, including Manpower, Experis, Right Management, and ManpowerGroup Solutions, and is divided into five segments: Americas, Southern Europe, Northern Europe, Asia Pacific Middle East (APME), and Right Management. The Right Management segment focuses on outplacement services, career management consulting, leadership development and cooperates with students and universities.