Analysts Set Man Group Plc (LON:EMG) Target Price at GBX 291.17

Shares of Man Group Plc (LON:EMG - Get Free Report) have earned a consensus rating of "Moderate Buy" from the six analysts that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 291.17 ($3.66).

A number of analysts recently commented on EMG shares. Canaccord Genuity Group raised Man Group to a "buy" rating and raised their price target for the stock from GBX 194 ($2.44) to GBX 272 ($3.42) in a research note on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a GBX 280 ($3.52) target price on shares of Man Group in a research report on Tuesday, September 3rd. Finally, Canaccord Genuity Group upgraded shares of Man Group to a "buy" rating and boosted their price target for the company from GBX 194 ($2.44) to GBX 272 ($3.42) in a research report on Wednesday, December 11th.

Man Group Trading Up 1.4 %

Shares of Man Group stock traded up GBX 2.80 ($0.04) during trading on Wednesday, reaching GBX 208.80 ($2.63). 2,610,212 shares of the stock were exchanged, compared to its average volume of 4,456,716. The stock's fifty day moving average is GBX 206.86 and its 200 day moving average is GBX 224.07. The firm has a market cap of £2.40 billion, a price-to-earnings ratio of 1,044.00, a price-to-earnings-growth ratio of -1.15 and a beta of 0.71. The company has a quick ratio of 1.58, a current ratio of 3.23 and a debt-to-equity ratio of 29.95. Man Group has a 1 year low of GBX 196.87 ($2.48) and a 1 year high of GBX 279.23 ($3.51).

About Man Group

With a heritage in aiming to deliver attractive performance and tailored client solutions, Man Group is a highly active investment manager, powered by cutting edge investment technology. As a manager of millions of savers' capital, we have a responsibility as stewards of those investments to create a better, more sustainable future for investors and society.