Man Group (LON:EMG) Sets New 52-Week High - Time to Buy?

Man Group Plc (LON:EMG - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 226.20 and last traded at GBX 225.94, with a volume of 4695087 shares. The stock had previously closed at GBX 224.60.Wall Street Analyst Weigh InSeveral brokerages recently weighed in on EMG. Citigroup raised their price target on shares of Man Group from GBX 170 to GBX 190 and gave the company a "buy" rating in a research report on Thursday, October 2nd. Deutsche Bank Aktiengesellschaft increased their target price on Man Group from GBX 225 to GBX 250 and gave the company a "buy" rating in a research note on Friday, October 17th. Jefferies Financial Group restated a "buy" rating and issued a GBX 240 price target on shares of Man Group in a research note on Wednesday, October 22nd. Finally, JPMorgan Chase & Co. upped their price target on Man Group from GBX 188 to GBX 209 and gave the company a "neutral" rating in a report on Friday, November 14th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Man Group presently has an average rating of "Moderate Buy" and a consensus price target of GBX 222.25.View Our Latest Report on Man GroupMan Group Stock Up 0.5%The company has a quick ratio of 1.58, a current ratio of 0.99 and a debt-to-equity ratio of 27.76. The company has a market cap of £2.52 billion, a PE ratio of 14.38, a PEG ratio of -1.15 and a beta of 0.71. The company's fifty day moving average is GBX 208.08 and its 200-day moving average is GBX 184.41. About Man Group (Get Free Report)With a heritage in aiming to deliver attractive performance and tailored client solutions, Man Group is a highly active investment manager, powered by cutting edge investment technology. As a manager of millions of savers' capital, we have a responsibility as stewards of those investments to create a better, more sustainable future for investors and society. Our quantitative expertise and data-driven culture means we believe Man Group is in a unique position to uncover the opportunities of the future. Our five investment management businesses leverage our robust infrastructure to provide a diverse range of strategies across investment approaches, styles and asset classes. We continuously invest in talent, technology and research as we strive to deliver the best results for our clients.Read MoreFive stocks we like better than Man GroupDo not delete, read immediatelyINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffCan Any Expenses Be Deducted From Capital Gains Tax?Buffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyThe Last Gold Bull Market This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Man Group Right Now?Before you consider Man Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Man Group wasn't on the list.While Man Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here