Man Group (LON:EMG) Price Target Raised to GBX 325 at Deutsche Bank Aktiengesellschaft

Man Group (LON:EMGFree Report) had its price objective boosted by Deutsche Bank Aktiengesellschaft from GBX 315 ($4.04) to GBX 325 ($4.16) in a report issued on Tuesday, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the investment management company’s stock.

Other research analysts have also issued reports about the company. Numis Securities reiterated an add rating and set a GBX 300 ($3.84) target price on shares of Man Group in a report on Friday, April 19th. JPMorgan Chase & Co. dropped their price target on Man Group from GBX 323 ($4.14) to GBX 318 ($4.07) and set an overweight rating on the stock in a research note on Tuesday, February 20th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus target price of GBX 314.33 ($4.03).

Check Out Our Latest Stock Report on Man Group

Man Group Stock Down 0.6 %

LON:EMG opened at GBX 262.20 ($3.36) on Tuesday. Man Group has a 12-month low of GBX 200.50 ($2.57) and a 12-month high of GBX 279.23 ($3.58). The company has a quick ratio of 1.58, a current ratio of 2.04 and a debt-to-equity ratio of 29.03. The firm has a market capitalization of £3.04 billion, a P/E ratio of 1,758.67, a P/E/G ratio of -1.15 and a beta of 0.74. The stock’s fifty day simple moving average is GBX 261.27 and its 200-day simple moving average is GBX 242.72.

Insiders Place Their Bets

In other Man Group news, insider Antoine Forterre sold 75,484 shares of the business’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of GBX 249 ($3.19), for a total transaction of £187,955.16 ($240,813.79). In other news, insider Dixit Joshi acquired 38,183 shares of Man Group stock in a transaction dated Tuesday, May 28th. The stock was bought at an average price of GBX 261 ($3.34) per share, for a total transaction of £99,657.63 ($127,684.34). Also, insider Antoine Forterre sold 75,484 shares of the business’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of GBX 249 ($3.19), for a total value of £187,955.16 ($240,813.79). Company insiders own 0.99% of the company’s stock.

About Man Group

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Man Group Limited is a publicly owned investment manager. The firm provides long-only and alternative investment management services worldwide. It offers a range of liquid investment products and solutions, which include quantitative, multi-manager and discretionary investment styles, and span across various asset classes, like equity, real estate, currency, credit, volatility, and commodities.

Further Reading

Analyst Recommendations for Man Group (LON:EMG)

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