Man Group PLC 16.6% potential upside indicated by Barclays

Man Group PLC with ticker (LON:EMG) now has a potential upside of 16.6% according to Barclays.



Barclays set a target price of 260 GBX for the company, which when compared to the Man Group PLC share price of 223 GBX at opening today (28/04/2023) indicates a potential upside of 16.6%. Trading has ranged between 203 (52 week low) and 294 (52 week high) with an average of 5,788,759 shares exchanging hands daily. The market capitalisation at the time of writing is £2,720,449,743.

Man Group PLC is a technology-empowered active investment management company. The Company is focused on delivering performance and client portfolio solutions by deploying the latest technology across its business. It provides long-only, alternative, and private market products on a single and multi-manager basis. It invests in a range of strategies and asset classes, with a mix of long-only and alternative strategies run on a discretionary and quantitative basis, across liquid and private markets. The Company develops bespoke solutions and fund of hedge fund services. Its technology platform facilitates alpha generation, portfolio management, trade execution, operations, compliance, risk management and accounting, as well as providing firm-wide end user collaboration tools. The Company operates its investment management businesses through its investment managers, namely Man AHL, Man Numeric, Man GLG, Man FRM and Man GPM.