Man Group (LON:EMG - Get Free Report)'s stock had its "buy" rating reaffirmed by equities researchers at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Thursday, Marketbeat Ratings reports. They currently have a GBX 205 ($2.72) price target on the investment management company's stock. Deutsche Bank Aktiengesellschaft's target price indicates a potential upside of 23.20% from the stock's current price.
Several other brokerages also recently commented on EMG. JPMorgan Chase & Co. lifted their price target on Man Group from GBX 167 ($2.22) to GBX 170 ($2.26) and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. Citigroup lowered Man Group to a "neutral" rating and decreased their price target for the company from GBX 265 ($3.52) to GBX 185 ($2.46) in a research note on Wednesday, July 9th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of GBX 221.80 ($2.95).
Check Out Our Latest Stock Report on Man Group
Man Group Stock Up 1.1%
Shares of EMG traded up GBX 1.89 ($0.03) during midday trading on Thursday, reaching GBX 166.40 ($2.21). 4,149,457 shares of the stock were exchanged, compared to its average volume of 6,325,303. The firm has a 50 day simple moving average of GBX 174.96 and a 200-day simple moving average of GBX 185.67. The company has a quick ratio of 1.58, a current ratio of 0.99 and a debt-to-equity ratio of 27.76. Man Group has a 12-month low of GBX 150.40 ($2.00) and a 12-month high of GBX 229.40 ($3.05). The company has a market cap of £2.40 billion, a price-to-earnings ratio of 7.85, a P/E/G ratio of -1.15 and a beta of 0.71.
Man Group Company Profile
(
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With a heritage in aiming to deliver attractive performance and tailored client solutions, Man Group is a highly active investment manager, powered by cutting edge investment technology. As a manager of millions of savers' capital, we have a responsibility as stewards of those investments to create a better, more sustainable future for investors and society.
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