A number of research firms have changed their ratings and price targets for Man Group (LON: EMG):

  • 4/12/2019 – Man Group is now covered by analysts at Barclays PLC. They set an “overweight” rating and a GBX 165 ($2.16) price target on the stock.
  • 4/12/2019 – Man Group had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 160 ($2.09) to GBX 155 ($2.03). They now have a “neutral” rating on the stock.
  • 4/11/2019 – Man Group had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 4/9/2019 – Man Group had its price target lowered by analysts at Jefferies Financial Group Inc from GBX 214 ($2.80) to GBX 175 ($2.29). They now have a “buy” rating on the stock.
  • 4/8/2019 – Man Group had its price target lowered by analysts at UBS Group AG from GBX 190 ($2.48) to GBX 170 ($2.22). They now have a “buy” rating on the stock.
  • 3/29/2019 – Man Group is now covered by analysts at Credit Suisse Group AG. They set an “outperform” rating and a GBX 180 ($2.35) price target on the stock.
  • 3/5/2019 – Man Group had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 165 ($2.16) to GBX 160 ($2.09). They now have a “neutral” rating on the stock.
  • 3/1/2019 – Man Group had its “buy” rating reaffirmed by analysts at Shore Capital.

Shares of EMG stock opened at GBX 152.90 ($2.00) on Thursday. Man Group PLC has a twelve month low of GBX 124.15 ($1.62) and a twelve month high of GBX 197.35 ($2.58). The stock has a market capitalization of $2.32 billion and a P/E ratio of 8.99. The company has a debt-to-equity ratio of 9.42, a current ratio of 3.38 and a quick ratio of 2.92.

The business also recently disclosed a dividend, which will be paid on Friday, May 17th. Stockholders of record on Thursday, April 4th will be paid a dividend of GBX 4.06 ($0.05) per share. This represents a dividend yield of 3.02%. The ex-dividend date is Thursday, April 4th. Man Group’s dividend payout ratio is currently 0.47%.

In other news, insider Jonathan Sorrell sold 202,871 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of GBX 136 ($1.78), for a total transaction of £275,904.56 ($360,518.18).

Man Group plc provides alternative investment management services worldwide. The company offers a range of liquid investment products and solutions, which include quantitative and discretionary, long only and long short, and single and multi-manager. It distributes its products and solutions directly to institutions; and to private investors through a network of intermediaries.

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