Man Group stock tests a 52-week high after UBS upgrade

Published on 09/28/2026 at 16:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS raised its Man Group target from GBp 335.00 to GBp 365.00 on September 17, 2026. AUM stood at USD 253.6 billion on June 30, 2026.

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Man Group stock (ISIN JE00BJ1DLW90) reached GBp 348.80 on September 23, 2026, marking a new 52-week high before last trading at GBp 340.00. The catalyst was a UBS upgrade from Neutral to Buy, which lifted the price target from GBp 335.00 to GBp 365.00.

UBS lifts its price target

According to Sharecast on September 17, 2026, UBS cited the performance of Man Group's AHL trend-following strategies when raising its rating and target.

Investing.com reported that AHL strategies had gained 7 percent over the previous six weeks, compared with UBS's 6.5 percent annualized return forecast. UBS also projected that its 365-pence target represented 15 percent upside from the September 16 close of 317 pence.

Assets provide the operating base

Man Group reported USD 253.6 billion in combined funds under management as of June 30, 2026, including USD 110.1 billion in alternative assets and USD 143.1 billion in long-only assets, according to Man Group.

The same company information lists 2025 core net revenue of USD 1,398 million, core profit before tax of USD 407 million and core EPS of USD 0.276. Those figures give the market a dated earnings base while the AHL update shapes expectations for the next quarter.

October brings the next checkpoint

Man Group's next scheduled trading statement covers the quarter ended September 30, 2026, and is due on October 16, 2026, according to Man Group. That release will test whether stronger strategy performance is translating into higher assets under management and fee earnings.

The counter-factor is sensitivity to AHL returns. Investing.com quoted UBS as warning that a reversal in recent AHL performance could affect performance-fee earnings and related EPS estimates.

Stock stays below its high

On the London Stock Exchange, Man Group stock was last quoted at GBp 340.00 on September 23, 2026, 2.52 percent below the session high of GBp 348.80. The session volume was 2,102,158 shares and market capitalization was GBP 3.8 billion.