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Barclays Remains a Hold on ManpowerGroup (MAN)

Tipranks - Tipranks - Tue Apr 14, 1:46AM CDT

Barclays analyst Manav Patnaik maintained a Hold rating on ManpowerGroup on April 10 and set a price target of $30.00. The company’s shares closed last Friday at $26.93.

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According to TipRanks, Patnaik is a 4-star analyst with an average return of 5.4% and a 55.13% success rate. Patnaik covers the Industrials sector, focusing on stocks such as Cintas, Verisk Analytics, and ManpowerGroup.

Currently, the analyst consensus on ManpowerGroup is a Moderate Buy with an average price target of $38.75, a 43.89% upside from current levels. In a report released on April 6, Goldman Sachs also maintained a Hold rating on the stock with a $30.00 price target.

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Based on ManpowerGroup’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.71 billion and a net profit of $30.2 million. In comparison, last year the company earned a revenue of $4.4 billion and had a net profit of $22.5 million

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