Man Group (LON:EMG – Get Free Report) had its price objective dropped by research analysts at Deutsche Bank Aktiengesellschaft from GBX 365 to GBX 355 in a report issued on Friday, Digital Look reports. The firm presently has a “hold” rating on the investment management company’s stock. Deutsche Bank Aktiengesellschaft‘s price target would suggest a potential upside of 17.94% from the company’s current price.
A number of other research firms have also recently issued reports on EMG. Citigroup lifted their target price on shares of Man Group from GBX 325 to GBX 335 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Jefferies Financial Group boosted their target price on shares of Man Group from GBX 345 to GBX 385 and gave the stock a “buy” rating in a research report on Tuesday, October 6th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of GBX 321.
Check Out Our Latest Stock Analysis on Man Group
Man Group Trading Down 6.4%
LON:EMG opened at GBX 301 on Friday. The stock’s 50 day moving average price is GBX 325.06 and its 200 day moving average price is GBX 289.54. Man Group has a 52 week low of GBX 197 and a 52 week high of GBX 348.80. The company has a market capitalization of £3.34 billion, a P/E ratio of 10.71, a P/E/G ratio of -1.15 and a beta of 0.63. The company has a debt-to-equity ratio of 19.06, a quick ratio of 1.58 and a current ratio of 2.40.
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.
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