Citi raises target for Man Group stock to GBp 390
Published on 10/15/2026 at 13:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and reporting dates
- Citi raised its Man Group target to GBp 390 on October 8, 2026.
- Assets under management reached USD 253.6 billion on June 30, 2026.
- Man Group stock was trading at EUR 3.94 at 1:37 p.m. CEST at Lang & Schwarz on October 15, 2026.
Man Group (JE00BJ1DLW90) was trading at EUR 3.94 at Lang & Schwarz on October 15, 2026 at 1:37 p.m. CEST. Yahoo Finance reported on October 8, 2026 that Citi upgraded Man Group to Buy from Neutral and raised its target from GBp 335.00 to GBp 390.00.
Citi sees earnings upside
Citi forecast adjusted profit before tax of GBP 899 million for fiscal year 2026, which the report said was 33.00 percent above consensus. It also projected fiscal-year 2026 revenue of GBP 2.16 billion, 15.00 percent above consensus, with performance fees providing an additional earnings driver.
The valuation case rests on operating scale as well as market performance. Citi projected assets under management of EUR 273.8 billion for fiscal year 2026, 3.00 percent above consensus, while its fiscal-year 2027 forecast reached EUR 305.2 billion.
Three dated valuation signals
On July 28, 2026, Man Group reported half-year assets under management of USD 253.6 billion as of June 30, 2026, including USD 110.1 billion in alternative strategies and USD 143.1 billion in long-only products.
On September 17, 2026, UBS raised its target from GBp 335.00 to GBp 365.00, according to It-Boltwise. Citi then moved to GBp 390.00 on October 8, 2026, making target revisions the clearest recent valuation signal.
What comes next for Man Group?
The next company date is the trading statement for the quarter ended September 30, 2026, scheduled for October 16, 2026. Man Group's investor-relations calendar identifies the release as the next corporate event, placing assets under management, net flows and performance fees at the center of the update.
Trading statement sets the next test
The upcoming statement will test whether the asset base reported for June 30, 2026 translated into continued fee growth during the third quarter. For investors, the key comparison is between the reported USD 253.6 billion asset base and the higher AUM levels embedded in Citi's fiscal-year 2026 forecast.
Man Group was trading at EUR 3.94 at Lang & Schwarz on October 15, 2026 at 1:37 p.m. CEST. The next reporting date is October 16, 2026.
The further course of trading is shown by the continuously updated real-time quote of Man Group stock.
Man Group trading facts
- Company: Man Group plc
- ISIN: JE00BJ1DLW90
- Ticker: EMG
- Primary exchange: London Stock Exchange
- Price Lang & Schwarz (as of October 15, 2026, 1:37 p.m. CEST): EUR 3.94
- Market capitalization: USD 4.5 billion (as of October 14, 2026)
Market context: Market report FTSE 100.
