Analysts at Citigroup raised their price target on shares of Man Group (LON: EMG) from $1.35 (90 GBX) to $1.43 (95 GBX) in a research report issued to clients and investors on Friday. The firm currently has a “neutral” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at JP Morgan Cazenove raised their price target on shares of Man Group from $0.86 to $0.93 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, analysts at UBS AG downgraded shares of Man Group to a “neutral” rating in a research note to investors on Friday. They now have a $1.58 price target on the stock. Finally, 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.
Man Group traded down 4.13% on Friday, hitting GBX 96.16. Man Group has a 1-year low of GBX 61.10 and a 1-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).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.
