Man Group rises; JP Morgan upgrades stock, hikes PT

Man

09/12/2025 08:49

** Man Group EMG.L gains 4.2% to 216.6p; top gainer on FTSE mid-cap .FTMC

** JP Morgan upgrades to "overweight" from "neutral"; hikes PT to 256p from 209p

** Expects to see material improvement in British hedge fund's fee generation in 2026 if co can maintain positive performance in its strategies

** Says following significant drawdown in performance of trend following strategies in H1 FY25, co managed to turn around performance in H2 2025

** Stock rated "buy" on avg; median PT is 240p, per data compiled by LSEG

** YTD, EMG falls 3.08%

 (Reporting by Tuhina in Bengaluru)

 ((Tuhina@thomsonreuters.com))