Deutsche Bank Aktiengesellschaft Increases Man Group (LON:EMG) Price Target to GBX 215

Man Group (LON:EMG) had its price target boosted by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 205 to GBX 215 in a research note issued on Monday, Marketbeat.com reports. The firm currently has a “buy” rating on the investment management company’s stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 36.33% from the stock’s previous close.

A number of other analysts have also issued reports on the stock. JPMorgan Chase & Co. increased their price target on shares of Man Group from GBX 170 to GBX 175 and gave the stock a “neutral” rating in a research report on Monday, August 4th. Citigroup dropped their price objective on shares of Man Group from GBX 185 to GBX 170 and set a “neutral” rating on the stock in a research note on Friday, August 8th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 220.80.

Man Group Trading Down 4.0%

Shares of LON:EMG opened at GBX 157.70 on Monday. The stock has a market capitalization of £1.78 billion, a price-to-earnings ratio of 1,004.46, a PEG ratio of -1.15 and a beta of 0.71. Man Group has a 1-year low of GBX 150.40 and a 1-year high of GBX 222.20. The company has a 50 day moving average price of GBX 169.71 and a 200 day moving average price of GBX 178.54. The company has a debt-to-equity ratio of 27.76, a quick ratio of 1.58 and a current ratio of 0.99.

Man Group Company Profile

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.