Man Group (LON:EMG – Get Free Report)‘s stock had its “overweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a report released on Thursday, MarketBeat Ratings reports. They currently have a GBX 299 ($3.85) price target on the investment management company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 29.44% from the company’s current price.
Other equities analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Man Group from GBX 315 ($4.05) to GBX 325 ($4.18) and gave the stock a “buy” rating in a research note on Tuesday, June 4th. Morgan Stanley boosted their price target on Man Group from GBX 322 ($4.14) to GBX 324 ($4.17) and gave the stock an “equal weight” rating in a research report on Thursday, July 18th. Finally, Numis Securities reaffirmed an “add” rating and set a GBX 300 ($3.86) price objective on shares of Man Group in a research report on Friday, April 19th.
View Our Latest Stock Report on Man Group
Man Group Trading Down 3.0 %
LON EMG opened at GBX 231 ($2.97) on Thursday. Man Group has a one year low of GBX 200.50 ($2.58) and a one year high of GBX 279.23 ($3.59). The company has a debt-to-equity ratio of 29.03, a quick ratio of 1.58 and a current ratio of 2.04. The company has a market capitalization of £2.68 billion, a price-to-earnings ratio of 1,540.00, a price-to-earnings-growth ratio of -1.15 and a beta of 0.74. The company’s 50-day simple moving average is GBX 251.46 and its two-hundred day simple moving average is GBX 250.34.
Insider Transactions at Man Group
In other Man Group news, insider Dixit Joshi bought 38,183 shares of Man Group stock in a transaction that occurred on Tuesday, May 28th. The shares were bought at an average cost of GBX 261 ($3.36) per share, with a total value of £99,657.63 ($128,193.50). In related news, insider Dixit Joshi bought 38,183 shares of the stock in a transaction that occurred on Tuesday, May 28th. The stock was bought at an average cost of GBX 261 ($3.36) per share, for a total transaction of £99,657.63 ($128,193.50). Also, insider Anne Wade purchased 12,000 shares of the business’s stock in a transaction on Friday, August 2nd. The shares were bought at an average price of GBX 234 ($3.01) per share, for a total transaction of £28,080 ($36,120.40). Insiders own 0.99% of the company’s stock.
About Man Group
Man Group Limited is a publicly owned investment manager. The firm provides long-only and alternative investment management services worldwide. It offers a range of liquid investment products and solutions, which include quantitative, multi-manager and discretionary investment styles, and span across various asset classes, like equity, real estate, currency, credit, volatility, and commodities.
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Source: defenseworld.net
