Man Group PLC -6.1% potential downside indicated by Barclays

Man Group PLC with ticker (LON:EMG) now has a potential downside of -6.1% according to Barclays.



Barclays set a target price of 270 GBX for the company, which when compared to the Man Group PLC share price of 286 GBX at opening today (07/03/2023) indicates a potential downside of -6.1%. Trading has ranged between 177 (52 week low) and 294 (52 week high) with an average of 4,603,342 shares exchanging hands daily. The market capitalisation at the time of writing is £3,533,403,750.

Man Group PLC is a United Kingdom-based investment management company. The Company is focused on delivering performance and client portfolio solutions by deploying the latest technology across its client’s business. It invests across 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’s platform consists of advanced technology providing supporting in alpha generation, portfolio management, compliance, trade execution, financial reporting and risk management. It provides long-only, alternative and private markets products on a single and multi-manager basis. It develops bespoke solutions and fund of hedge fund services. The Company operates its investment management businesses through its investment managers, namely Man AHL, Man Numeric, Man GLG, Man FRM and Man GPM.