Man Group (LON:EMG) Given New GBX 355 Price Target at Deutsche Bank Aktiengesellschaft

Man Group (LON:EMG) had its price objective cut by Deutsche Bank Aktiengesellschaft from GBX 365 to GBX 355 in a report published on Friday,Digital Look reports. They currently have a hold rating on the investment management company’s stock.

Other research analysts have also recently issued reports about the company. Citigroup lifted their price target on Man Group from GBX 325 to GBX 335 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Jefferies Financial Group increased their price objective on shares of Man Group from GBX 345 to GBX 385 and gave the stock a “buy” rating in a report on Tuesday, October 6th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of GBX 321.

Man Group Price Performance

Shares of LON:EMG traded down GBX 24.60 on Friday, hitting GBX 297. The stock had a trading volume of 6,005,655 shares, compared to its average volume of 18,363,348. Man Group has a twelve month low of GBX 197 and a twelve month high of GBX 348.80. The company has a debt-to-equity ratio of 19.06, a quick ratio of 1.58 and a current ratio of 2.40. The firm’s 50 day moving average price is GBX 324.86 and its 200-day moving average price is GBX 289.73. The company has a market capitalization of £3.29 billion, a price-to-earnings ratio of 10.57, a price-to-earnings-growth ratio of -1.15 and a beta of 0.63.

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.