Numis Securities restated their hold rating on shares of Man Group (LON:EMG) in a research note published on Monday. Numis Securities currently has a GBX 176 ($2.30) price objective on the investment management company’s stock.
Several other analysts also recently commented on EMG. Jefferies Financial Group raised Man Group to a buy rating and raised their price objective for the stock from GBX 192 ($2.51) to GBX 214 ($2.80) in a research note on Monday, July 23rd. UBS Group reaffirmed a neutral rating and set a GBX 190 ($2.48) price objective on shares of Man Group in a research note on Wednesday, August 1st. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Man Group presently has a consensus rating of Buy and an average price target of GBX 204.55 ($2.67).
Shares of Man Group stock opened at GBX 163.25 ($2.13) on Monday. Man Group has a 12 month low of GBX 140.49 ($1.84) and a 12 month high of GBX 219.20 ($2.86).
Man Group plc provides alternative investment management services worldwide. The company offers a range of liquid investment products and solutions, which include quantitative and discretionary, long only and long short, and single and multi-manager. It distributes its products and solutions directly to institutions; and to private investors through a network of intermediaries.
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