ManpowerGroup (MAN) Receives Price Target

ManpowerGroup (MAN) : The most positive equity analysts on ManpowerGroup (MAN) expects the shares to touch $102, whereas, the least positive believes that the stock will trade at $65 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $78.89 with an expected fluctuation of $12.32 from the mean.

ManpowerGroup (MAN) has an average broker rating of 2.55, which is interpreted as a Hold, as rated by 11 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.


Also, Macquarie initiates coverage on ManpowerGroup (NYSE:MAN). In the latest research report, Macquarie announces the target price to $86 per share. According to the latest information available, the shares are now rated Outperform by the analysts at the agency. The rating by the firm was issued on August 25, 2016.

ManpowerGroup (NYSE:MAN): The stock opened at $71.86 on Thursday but the bulls could not build on the opening and the stock topped out at $72.22 for the day. The stock traded down to $70.75 during the day, due to lack of any buying support eventually closed down at $71.33 with a loss of -0.18% for the day. The stock had closed at $71.46 on the previous day. The total traded volume was 457,080 shares.

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.

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