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Home / Stocks and Markets at Lows / Man (EMG.L) 25-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Man (EMG.L) 25-11-19

Shares in Man (EMG.L) have fallen dramatically from recent highs of 175.15p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • Now trading at 145.5p (at time of writing). A return to previous highs would represent a rise of 20%.
  • The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
  • Shares -16% from 12-month highs; +14% from 12 month lows.

Latest News

04 Nov:  Berenberg reiterates its buy rating on Man Group (EMG) and reduced the target price to 192p (from 206p).

28 Oct:  Goldman Sachs reiterates its neutral rating on Man Group (EMG) and reduced the target price to 160p (from 175p).

25 Oct:  UBS has downgraded its rating on Man Group (EMG) to neutral (from buy) and reduced the target price to 155p  (from 195p).

16 Oct:  Credit Suisse reiterates its outperform rating on Man Group (EMG) and reduced the target price to 184p (from 196p).

 

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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