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).
TRADEMARK VIOLATION WARNING: “Man Group (EMG) Shares Down 0%” was originally reported by The Lincolnian Online and is owned by of The Lincolnian Online. If you are viewing this article on another publication, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this article can be viewed at https://www.thelincolnianonline.com/2018/01/14/man-group-emg-shares-down-0.html.
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.
Receive News & Ratings for Man Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Man Group and related companies with MarketBeat.com's FREE daily email newsletter.