According to Bloomberg, analysts at Credit Suisse Group reiterated their “outperform” recommendation on Man Group’s (LON: EMG) Stock in a research note published on Friday. They have determined that the investment management company’s stock should be priced at GBX 280 ($3.38) per share as their price objective for the time being. According to the price objective that Credit Suisse Group has established, there is the potential for a gain that is equal to or greater than 24.94% compared to the stock’s current price.
Many other authorities have just recently published the most recent reports they’ve written on EMG. In a research note published on August 2nd, Shore Capital reaffirmed its “buy” rating on Man Group shares and recommended that investors purchase them. Barclays reaffirmed an “equal weight” rating on shares of Man Group and set a GBX 280 ($3.38) price objective on the company’s common stock in a research note dated Wednesday, August 3rd. In addition, the firm provided an outlook for the company’s stock that was “neutral.” In a research note that was published on Friday, August 5th, JPMorgan Chase & Co. decreased their price objective on Man Group shares from GBX 322 ($3.89) to GBX 313 ($3.78) and downgraded them from “overweight” to “neutral” in a research note. In addition, they changed their rating for the shares of Man Group from “overweight” to “neutral.” One of the company’s financial analysts is the only one who has recommended that investors maintain their current holdings in the stock rather than buy more shares. According to Bloomberg, the average rating for Man Group at the moment is “Moderate Buy,” and the consensus price objective for the company is GBX 293.50 ($3.55).
The LON EMG share price increased by 6.70 pence, or $0.08, to GBX 224.10 ($2.71) during the lunchtime session on Friday. There were 4,449,563 shares traded in the company’s stock, which is significantly less than the stock’s typical volume of 5,039,980 shares. A debt-to-equity ratio comes in at 23.80, a quick ratio that comes in at 1.58, a current ratio that comes in at 1.80, and a quick ratio that comes in at 1.58. Over the past year, the price of Man Group has fluctuated quite a bit, going from a low of 177.30 British pounds ($2.14) to a high of 277 British pounds ($3.35). The moving average price of the company over the previous 200 days is GBX 243.81, and the moving average price of the company over the previous 50 days is GBX 248.16. The company is worth £2.88 billion on the stock market right now, and its price-to-earnings ratio is 622.5.
Man Group Plc is an example of a publicly traded investment company. The company offers its services on a global scale for long-only investment management and alternative investment management. It offers various solutions and products for investing in liquid assets, such as stocks, real estate, currencies, credit, volatility, and commodities. These include quantitative, multi-manager, and discretionary investment approaches.

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