The average 12 month price objective among brokerages that have issued ratings on the stock in the previous year is $102.71.
A number of research firms have recently commented on MAN. Northcoast Research restated a "neutral" rating on shares of ManpowerGroup in a research report on Monday, July 17th.
On June 27 the stock rating was downgraded to "Neutral" from "Outperform" and a price target of $73.00 was set in a statement from Credit Suisse.
ManpowerGroup (NYSE:MAN) had its price target hoisted by BMO Capital Markets from $113.00 to $124.00 in a research note issued to investors on Friday, July 14th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $111.00 price objective (up from $104.00) on shares of ManpowerGroup in a report on Friday, July 14th. Zacks Investment Research upgraded shares of ManpowerGroup from a "hold" rating to a "buy" rating and set a $116.00 price objective for the company in a research note on Friday, April 21st.
Shares of ManpowerGroup (NYSE:MAN) have earned a consensus recommendation of "Buy" from the nine research firms that are now covering the stock, Marketbeat reports.
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In other ManpowerGroup news, SVP Richard Buchband sold 1,250 shares of the company's stock in a transaction dated Monday, June 19th. The shares were sold at an average price of $107.94, for a total transaction of $226,674.00. Following the completion of the sale, the senior vice president now directly owns 3,884 shares of the company's stock, valued at approximately $423,356. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Darryl Green sold 76,000 shares of the stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $105.39, for a total value of $2,098,525.68. Following the transaction, the director now owns 11,136 shares in the company, valued at approximately $1,202,019.84. The disclosure for this sale can be found here. Insiders have sold a total of 121,715 shares of company stock worth $12,904,283 in the last quarter. Insiders own 0.87% of the company's stock. Macquarie Group Ltd. boosted its stake in shares of ManpowerGroup by 5.1% in the fourth quarter. The institutional investor owned 34,000 shares of the business services provider's stock after selling 5,000 shares during the period. Evanston Investments, Inc., Dba Evanston Advisors augmented its stake by buying 1,569 shares an increase of 2.1% from 03/31/2017 to 06/30/2017. Globeflex Capital L P now owns 6,250 shares of the business services provider's stock valued at $698,000 after buying an additional 6,240 shares during the period. FormulaFolio Investments LLC increased its position in shares of ManpowerGroup by 0.7% in the first quarter. JPMorgan Chase & Co. increased its position in ManpowerGroup by 82.8% in the first quarter. Suntrust Banks Inc. now owns 22,280 shares of the business services provider's stock valued at $2,487,000 after buying an additional 159 shares during the period. Finally, LSV Asset Management increased its position in ManpowerGroup by 37.3% in the first quarter. Robecosam AG now owns 7,048 shares of the business services provider's stock valued at $726,000 after buying an additional 49 shares in the last quarter.
Shares of ManpowerGroup (NYSE:MAN) opened at 107.26 on Friday. The lowest target is $65 while the high is $12400. The company has a market capitalization of $7.16 billion, a price-to-earnings ratio of 16.41 and a beta of 1.39. The stock has a 50 day moving average price of $110.90 and a 200-day moving average price of $103.33.
ManpowerGroup (NYSE:MAN) last posted its quarterly earnings results on Monday, July 24th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.73 by $0.01. ManpowerGroup had a return on equity of 17.90% and a net margin of 2.24%. The business had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.06 billion. As of the latest earnings report the EPS was $6.54 and is projected to be $6.75 for the current year with 67,400,000 shares presently outstanding. The company's revenue for the quarter was up 2.5% on a year-over-year basis. Manpowergroup Inc now has $7.24 billion valuation. The Company's divisions include Americas, Southern Europe, Northern Europe, Asia Pacific Middle East, Right Management and Corporate.