Man Group’s (EMG) “Hold” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their hold rating on shares of Man Group (LON:EMG) in a research note issued to investors on Friday, Marketbeat Ratings reports. They currently have a GBX 330 price objective on the investment management company’s stock.

EMG has been the topic of several other reports. Citigroup boosted their price objective on shares of Man Group from GBX 325 to GBX 335 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 345 target price on shares of Man Group in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of GBX 304.75.

Man Group Stock Performance

LON EMG opened at GBX 307.60 on Friday. The firm has a market capitalization of £3.41 billion, a P/E ratio of 10.95, a price-to-earnings-growth ratio of -1.15 and a beta of 0.63. The company has a current ratio of 2.40, a quick ratio of 1.58 and a debt-to-equity ratio of 19.06. The firm’s fifty day moving average price is GBX 304.53 and its two-hundred day moving average price is GBX 281.30. Man Group has a 1 year low of GBX 154.25 and a 1 year high of GBX 327.20.

Insiders Place Their Bets

In other Man Group news, insider Antoine Forterre sold 500,000 shares of the firm’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 307, for a total transaction of £1,535,000. Also, insider Laurie Fitch purchased 15,000 shares of the business’s stock in a transaction on Friday, June 26th. The shares were acquired at an average cost of GBX 285 per share, with a total value of £42,750. 7.71% of the stock is currently owned by corporate insiders.

Man Group Company Profile

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. Our quantitative expertise and data-driven culture means we believe Man Group is in a unique position to uncover the opportunities of the future.
Our five investment management businesses leverage our robust infrastructure to provide a diverse range of strategies across investment approaches, styles and asset classes.
We continuously invest in talent, technology and research as we strive to deliver the best results for our clients.