Shares of ManpowerGroup (NYSE:MAN) traded today at $124.60, eclipsing its 52-week high. So far today approximately 54,000 shares have been exchanged, as compared to an average 30-day volume of 349,000 shares.
ManpowerGroup is one of the largest firms in the fragmented global staffing industry. It serves each main staffing category–temporary, permanent, and project-based–and also offers a suite of HR outsourcing and outplacement services. Manpower generates annual revenue and operating income of more than $18 billion and nearly $200 million, respectively. A vast majority of sales are generated outside the U.S. from operations in 80 countries. Its 30,000 employees serve an estimated 600,000 clients and place millions of job candidates.
Based on a current price of $124.37, ManpowerGroup is currently 72.7% above its average consensus analyst price target of $33.91.
In the past 52 weeks, shares of ManpowerGroup have traded between a low of $61.12 and a high of $124.60 and is now at $124.37, which is 103% above that low price.
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