Man Group (LON:EMG) Given New GBX 280 Price Target at Jefferies Financial Group

Man Group (LON:EMG) had its price objective upped by Jefferies Financial Group from GBX 240 to GBX 280 in a report published on Tuesday morning, Marketbeat reports. They currently have a buy rating on the investment management company’s stock.

EMG has been the subject of a number of other reports. Citigroup raised their target price on Man Group from GBX 170 to GBX 190 and gave the company a “buy” rating in a report on Thursday, October 2nd. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Man Group from GBX 225 to GBX 250 and gave the company a “buy” rating in a research note on Friday, October 17th. Finally, JPMorgan Chase & Co. upped their target price on shares of Man Group from GBX 188 to GBX 209 and gave the stock a “neutral” rating in a research note on Friday, November 14th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Man Group has an average rating of “Moderate Buy” and an average target price of GBX 253.50.

Man Group Stock Performance

Shares of EMG stock opened at GBX 258.20 on Tuesday. The company has a debt-to-equity ratio of 27.76, a quick ratio of 1.58 and a current ratio of 0.99. The firm has a market cap of £2.88 billion, a P/E ratio of 16.45, a P/E/G ratio of -1.15 and a beta of 0.71. The firm’s 50 day moving average price is GBX 224.34 and its 200-day moving average price is GBX 194.83. Man Group has a one year low of GBX 150.40 and a one year high of GBX 272.20.

About Man Group

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. Our quantitative expertise and data-driven culture means we believe Man Group is in a unique position to uncover the opportunities of the future.
Our five investment management businesses leverage our robust infrastructure to provide a diverse range of strategies across investment approaches, styles and asset classes.
We continuously invest in talent, technology and research as we strive to deliver the best results for our clients.