Equities research analysts at JP Morgan Cazenove increased their price target on shares of Man Group (LON: EMG) from $0.86 (57 GBX) to $0.93 (62 GBX) in a research note issued to investors on Friday. The firm currently has a “neutral” rating on the stock.
A number of other analysts have also recently weighed in on EMG. Analysts at UBS AG downgraded shares of Man Group to a “neutral” rating in a research note to investors on Friday. They now have a $1.58 price target on the stock. Separately, 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. Finally, 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.
Shares of Man Group traded down 4.13% during mid-day trading on Friday, hitting GBX 96.16. Man Group has a one year low of GBX 70.60 and a one year high of GBX 115.30. The stock’s 50-day moving average is currently GBX 82.79.
Man Group plc is the holding company for the Man group of companies and affiliated entities (the Group).
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