Several other equities research analysts have also recently commented on EMG. Jefferies Financial Group upgraded shares of Man Group to a buy rating and boosted their price target for the stock from GBX 192 ($2.51) to GBX 214 ($2.80) in a research report on Monday, July 23rd. Numis Securities reiterated a hold rating and issued a GBX 185 ($2.42) price target (up from GBX 175 ($2.29)) on shares of Man Group in a research report on Wednesday, August 1st. Finally, UBS Group reiterated a neutral rating and issued a GBX 190 ($2.48) price target on shares of Man Group in a research report on Wednesday, August 1st. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of GBX 204.55 ($2.67).
Man Group stock traded down GBX 5.05 ($0.07) during midday trading on Friday, hitting GBX 140.40 ($1.83). The company’s stock had a trading volume of 22,763,846 shares, compared to its average volume of 9,940,000. Man Group has a 12 month low of GBX 140.49 ($1.84) and a 12 month high of GBX 219.20 ($2.86).
Man Group plc provides alternative investment management services worldwide. The company offers a range of liquid investment products and solutions, which include quantitative and discretionary, long only and long short, and single and multi-manager. It distributes its products and solutions directly to institutions; and to private investors through a network of intermediaries.
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