Man Group (LON:EMG) Insider Acquires £12,100 in Stock

Man Group Plc (LON:EMG) insider Laurie Fitch bought 5,000 shares of the company’s stock in a transaction on Friday, March 20th. The stock was bought at an average cost of GBX 242 per share, with a total value of £12,100.

Man Group Price Performance

EMG stock opened at GBX 250 on Thursday. The firm has a 50 day moving average of GBX 261.46 and a 200-day moving average of GBX 224.48. The company has a market cap of £2.79 billion, a price-to-earnings ratio of 15.92, a PEG ratio of -1.15 and a beta of 0.66. The company has a current ratio of 0.95, a quick ratio of 1.58 and a debt-to-equity ratio of 18.04. Man Group Plc has a 12-month low of GBX 150.40 and a 12-month high of GBX 281.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Jefferies Financial Group boosted their target price on Man Group from GBX 240 to GBX 280 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Citigroup raised their price target on Man Group from GBX 190 to GBX 275 and gave the company a “neutral” rating in a research report on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 253.50.

Man Group Company Profile

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.