Man Group Downgraded to Neutral at UBS AG (EMG)

UBS AG lowered shares of Man Group (LON: EMG) to a neutral rating in a report released on Friday. UBS AG currently has $1.58 (105 GBX) target price on the stock.

A number of other analysts have also recently weighed in on EMG. Analysts at Bank of America cut their price target on shares of Man Group from $2.52 to $2.25 in a research note to investors on Friday. They now have a buy rating on the stock. Separately, analysts at BNP Paribas reiterated an underperform rating on shares of Man Group in a research note to investors on Friday. They now have a $1.06 price target on the stock. Finally, analysts at JPMorgan Chase reiterated a neutral rating on shares of Man Group in a research note to investors on Thursday, February 28th. They now have a $0.94 price target on the stock.

Man Group opened at 98.35 on Friday. Man Group has a 52-week low of GBX 70.60 and a 52-week high of GBX 115.30. The stock’s 50-day moving average is currently GBX 82.79.

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