Man Group (LON: EMG) was downgraded by equities research analysts at UBS AG to a “neutral” rating in a research note issued to investors on Friday. They currently have a $1.58 (105 GBX) price target on the stock.
Several other analysts have also recently commented on the stock. 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. Separately, 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. Finally, analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Man Group in a research note to investors on Thursday. They now have a $0.94 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 61.10 and a one year high of GBX 164.20. 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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