Man Group-en Q1 hutsa aldi baterako "errepidea" izan zen, Jefferiesek dioenez
Partaidetzak Gizon Taldea dropped on Friday after the investment management firm reported unexpected net outflows in the first quarter, but that didn't deter Jefferies from reiterating its 'buy' rating for the stock.
Konpainiak esan zuen AUMk 175.7 milioi dolar zirela martxoaren 31rako, 167.5ko ekitaldiaren amaieran jakinarazitako 2023 milioi dolar baino gehiago.
However, while headline AUM were broadly in line with estimates, with consensus being $177bn, as a strong investment performance of +$9.8bn helped outweigh a surprise $1.6bn in net outflows. Jefferies pointed out that consensus forecasts were for positive net flows of $1.3bn.
Hala ere, broker stuck with its positive rating on the stock and its 300p target price, which suggests 12% upside from Thursday's closing price.
"Noizbehinkako gorabeherak ez dira ustekabekoak Man-en, baina AUM - itzulera absolutua barne, errendimendu sendoak bultzatuta eta irteerak izan arren - maila altuetan egoteak erakusten du kuoten errentagarritasunaren hazkunde iraunkor eta koherenteagoa", esan zuen Jefferiesek.
The stock was down nearly 5% at 255.2p by 1028 BST.