Man Group Price Target Raised to $1.12 at Numis Securities Ltd (EMG)

Man Group (LON: EMG) had its target price lifted by Numis Securities Ltd from $0.96 (64 GBX) to $1.12 (75 GBX) in a report issued on Tuesday. They currently have a sell rating on the stock.

Man Group (LON: EMG) traded up 1.57% on Tuesday, hitting GBX 103.80. Man Group has a 1-year low of GBX 70.60 and a 1-year high of GBX 115.30. The stock’s 50-day moving average is currently GBX 82.79.

A number of other firms have also recently commented on EMG. Analysts at Morgan Stanley raised their price target on shares of Man Group from $1.35 to $1.41 in a research note to investors on Wednesday, March 6th. They now have an equal-weight rating on the stock. Separately, analysts at Jefferies Group downgraded shares of Man Group to an underperform rating in a research note to investors on Tuesday, March 5th. They now have a $1.13 price target on the stock. Finally, analysts at Credit Suisse reiterated a neutral rating on shares of Man Group in a research note to investors on Thursday, February 28th. They now have a $1.56 price target on the stock.

Man Group plc is the holding company for the Man group of companies and affiliated entities (the Group).

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