Brokerage Firm Rating Update on ManpowerGroup (MAN)

ManpowerGroup (MAN) : 3 brokerage houses believe that ManpowerGroup (MAN) is a Strong Buy at current levels. 7 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 Hold with a rating of 2.55.

ManpowerGroup (MAN) : The highest level ManpowerGroup (MAN) is projected to reach is $102 for the short term and the lowest estimate is at $65. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $78.89 and the possibility the share price can swing is $12.32.


Company shares have received an average consensus rating of Hold for the current week Also, Macquarie initiates coverage on ManpowerGroup (NYSE:MAN) In a research note issued to the investors, the brokerage major announces price-target of $86 per share.The shares have been rated Outperform. The rating by the firm was issued on August 25, 2016.

ManpowerGroup (NYSE:MAN): The stock opened at $71.54 and touched an intraday high of $72.7 on Wednesday. During the day, the stock corrected to an intraday low of $71.33, however, the bulls stepped in and pushed the price higher to close in the green at $72.61 with a gain of 1.50% for the day. The total traded volume for the day was 525,627. The stock had closed at $71.54 in the previous trading session.

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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