Man Group Lowered to Underperform at Jefferies Group (EMG)

Jefferies Group lowered shares of Man Group (LON: EMG) to an underperform rating in a report released on Tuesday. Jefferies Group currently has $1.13 (75 GBX) target price on the stock.

Man Group opened at 99.85 on Tuesday. Man Group has a 52-week low of GBX 70.60 and a 52-week high of GBX 115.30. The stock’s 50-day moving average is currently GBX 82.79.

A number of other analysts have also recently weighed in on EMG. Analysts at Credit Suisse reiterated a neutral rating on shares of Man Group in a research note to investors on Thursday, February 28th. They now have a $1.56 price target on the stock. Separately, analysts at Barclays Capital reiterated an equal-weight rating on shares of Man Group in a research note to investors on Friday, March 1st. They now have a $1.50 price target on the stock. Finally, 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, March 1st. They now have a neutral rating on the stock.

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