Man Group (LON:EMG – Get Free Report) was upgraded by stock analysts at Canaccord Genuity Group to a “buy” rating in a research report issued to clients and investors on Wednesday, MarketBeat reports. The firm presently has a GBX 272 ($3.45) price objective on the investment management company’s stock, up from their prior price objective of GBX 194 ($2.46). Canaccord Genuity Group’s target price suggests a potential upside of 27.58% from the company’s current price.
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 280 ($3.55) price target on shares of Man Group in a report on Tuesday, September 3rd. Two equities 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 presently has a consensus rating of “Moderate Buy” and an average target price of GBX 295 ($3.74).
Read Our Latest Research Report on EMG
Man Group Price Performance
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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