Man Group (EMG) Shares Down 0%

Man Group Plc (LON:EMG) traded down 0% during mid-day trading on Friday . The stock traded as low as GBX 209.20 ($2.84) and last traded at GBX 212.20 ($2.88). 6,807,388 shares traded hands during trading, an increase of 75% from the average session volume of 3,890,000 shares. The stock had previously closed at GBX 212.20 ($2.88).

EMG has been the subject of several research analyst reports. Numis Securities reaffirmed a “hold” rating and set a GBX 155 ($2.10) target price on shares of Man Group in a research note on Friday, October 13th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 195 ($2.64) target price on shares of Man Group in a research note on Friday, October 13th. Societe Generale reaffirmed a “buy” rating and set a GBX 200 ($2.71) target price on shares of Man Group in a research note on Monday, October 16th. Macquarie reaffirmed a “neutral” rating and set a GBX 193 ($2.62) target price on shares of Man Group in a research note on Wednesday, October 18th. Finally, JPMorgan Chase & Co. increased their target price on shares of Man Group from GBX 210 ($2.85) to GBX 215 ($2.92) and gave the stock an “overweight” rating in a research note on Wednesday, December 13th. Eight research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 177.46 ($2.41).

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Man Group Company Profile

Man Group plc provides alternative investment management services worldwide. The company offers a range of liquid investment products and solutions, which include quantitative and discretionary, long only and long short, and single and multi-manager. It distributes its products and solutions directly to institutions; and to private investors through a network of intermediaries.

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