Man Group (LON:EMG – Get Free Report)‘s stock had its “add” rating restated by equities researchers at Numis Securities in a note issued to investors on Friday, Digital Look reports. They presently have a GBX 300 ($3.73) target price on the investment management company’s stock. Numis Securities’ price objective suggests a potential upside of 17.98% from the company’s current price.
Separately, JPMorgan Chase & Co. decreased their price target on shares of Man Group from GBX 323 ($4.02) to GBX 318 ($3.96) and set an “overweight” rating on the stock in a report on Tuesday, February 20th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 292.67 ($3.64).
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Man Group Stock Down 5.3 %
Insiders Place Their Bets
In other news, insider Antoine Forterre sold 75,484 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of GBX 249 ($3.10), for a total value of £187,955.16 ($233,978.79). Insiders own 2.07% 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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