Truist Financial Raises ManpowerGroup (NYSE:MAN) Price Target to $50.00

ManpowerGroup (NYSE:MAN) had its price objective upped by investment analysts at Truist Financial from $34.00 to $50.00 in a report released on Friday, Marketbeat Ratings reports. The brokerage currently has a “hold” rating on the business services provider’s stock. Truist Financial’s target price would indicate a potential downside of 4.42% from the company’s previous close.

Several other equities analysts have also weighed in on MAN. Robert W. Baird upped their price objective on shares of ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a report on Friday. UBS Group raised their target price on ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a research note on Friday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of ManpowerGroup in a research report on Wednesday, June 24th. The Goldman Sachs Group upped their price target on ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Barclays cut their price target on ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating on the stock in a report on Monday, April 13th. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, ManpowerGroup has an average rating of “Hold” and an average price target of $51.38.

ManpowerGroup Stock Performance

Shares of MAN stock opened at $52.31 on Friday. The firm has a 50 day moving average of $33.71 and a 200-day moving average of $31.12. The company has a market cap of $2.43 billion, a price-to-earnings ratio of 23.78 and a beta of 0.73. The company has a quick ratio of 1.12, a current ratio of 1.04 and a debt-to-equity ratio of 0.27. ManpowerGroup has a 52 week low of $25.15 and a 52 week high of $55.70.

ManpowerGroup (NYSE:MAN) last released its earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.03. The company had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.72 billion. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. During the same quarter in the previous year, the company earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, equities analysts forecast that ManpowerGroup will post 3.66 earnings per share for the current year.

Institutional Trading of ManpowerGroup

Several institutional investors have recently made changes to their positions in the company. Nordea Investment Management AB boosted its holdings in ManpowerGroup by 74.1% during the fourth quarter. Nordea Investment Management AB now owns 151,563 shares of the business services provider’s stock worth $4,561,000 after purchasing an additional 64,502 shares during the last quarter. State of New Jersey Common Pension Fund D lifted its position in shares of ManpowerGroup by 52.0% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 77,557 shares of the business services provider’s stock worth $2,306,000 after buying an additional 26,536 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its stake in shares of ManpowerGroup by 910.7% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 128,816 shares of the business services provider’s stock worth $3,795,000 after buying an additional 116,071 shares during the last quarter. Azarias Capital Management L.P. boosted its stake in shares of ManpowerGroup by 40.9% in the 4th quarter. Azarias Capital Management L.P. now owns 289,883 shares of the business services provider’s stock worth $8,618,000 after buying an additional 84,152 shares during the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of ManpowerGroup in the fourth quarter valued at approximately $714,000. Institutional investors own 98.03% of the company’s stock.

Key ManpowerGroup News

Here are the key news stories impacting ManpowerGroup this week:

• Positive Sentiment: ManpowerGroup reported Q2 EPS of $0.99, topping estimates of $0.96, while revenue of about $4.86 billion also beat expectations. Results improved year over year, helped by stronger demand across multiple regions and tighter cost control. ManpowerGroup Reports 2nd Quarter 2026 Results
• Positive Sentiment: The company guided Q3 EPS to $0.96-$1.06, which brackets or slightly exceeds Street expectations, reinforcing confidence that recent operating momentum can continue. ManpowerGroup forecasts Q3 EPS of $0.96-$1.06 as it targets $200M in 2028 cost savings
• Positive Sentiment: Analysts raised price targets after the beat, including Robert W. Baird boosting its target to $72 from $45 and maintaining an outperform rating, signaling improved Wall Street sentiment. ManpowerGroup Analysts Boost Their Forecasts After Strong Q2 Results
• Neutral Sentiment: Truist also raised its target to $50 from $34 but kept a hold rating, suggesting the stock may be fairly valued after the rally even as expectations improve. Benzinga/The Fly report on Truist price target update

About ManpowerGroup

ManpowerGroup (NYSE: MAN) is a global leader in workforce solutions, offering a broad spectrum of staffing and talent management services. Founded in 1948 and headquartered in Milwaukee, Wisconsin, the company has grown from a temporary staffing firm to a diversified provider of workforce consultancy, recruitment, and outsourcing services. ManpowerGroup is publicly traded on the New York Stock Exchange under the ticker MAN.

The company’s service offerings are organized into four principal brands.