Man Group’s Neutral Rating Reaffirmed at Credit Suisse (EMG)

Man Group (LON: EMG)‘s stock had its “neutral” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Thursday. They currently have a $1.56 (104 GBX) target price on the stock.

Man Group traded down 4.13% on Thursday, hitting GBX 96.16. Man Group has a 1-year low of GBX 61.10 and a 1-year high of GBX 164.20. The stock’s 50-day moving average is currently GBX 82.79.

Several other analysts have also recently commented on the stock. Analysts at Barclays Capital reiterated an “equal-weight” rating on shares of Man Group in a research note to investors on Friday. They now have a $1.50 price target on the stock. Separately, analysts at Citigroup raised their price target on shares of Man Group from $1.35 to $1.43 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Finally, analysts at JP Morgan Cazenove raised their price target on shares of Man Group from $0.86 to $0.93 in a research note to investors on Friday. They now have a “neutral” rating on the stock.

Man Group plc is the holding company for the Man group of companies and affiliated entities (the Group).

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