Man Group (LON:EMG) Rating Reiterated by Deutsche Bank Aktiengesellschaft

Man Group (LON:EMG)‘s stock had its “hold” rating reissued by research analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Tuesday, Marketbeat Ratings reports. They presently have a GBX 280 ($3.68) price objective on the investment management company’s stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 29.75% from the company’s current price.

Several other analysts have also recently issued reports on EMG. Morgan Stanley increased their target price on shares of Man Group from GBX 322 ($4.23) to GBX 324 ($4.26) and gave the stock an “equal weight” rating in a research note on Thursday, July 18th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 299 ($3.93) price objective on shares of Man Group in a research report on Thursday, August 1st.

Man Group Trading Down 0.4 %

Shares of Man Group stock opened at GBX 215.80 ($2.84) on Tuesday. The company’s 50-day moving average price is GBX 236.48 and its 200-day moving average price is GBX 248.95. The company has a current ratio of 3.23, a quick ratio of 1.58 and a debt-to-equity ratio of 29.95. Man Group has a 12-month low of GBX 202 ($2.66) and a 12-month high of GBX 279.23 ($3.67). The company has a market cap of £2.48 billion, a price-to-earnings ratio of 1,079.00, a PEG ratio of -1.15 and a beta of 0.74.

Insiders Place Their Bets

In related news, insider Anne Wade acquired 12,000 shares of the stock in a transaction dated Friday, August 2nd. The shares were purchased at an average price of GBX 234 ($3.08) per share, for a total transaction of £28,080 ($36,923.08). Corporate insiders own 1.00% 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.