Man Group (LON:EMG) Insider Acquires £14,580 in Stock

Man Group Plc (LON:EMG) insider Anne Wade acquired 6,000 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were bought at an average price of GBX 243 per share, for a total transaction of £14,580.

Man Group Stock Up 1.7%

EMG stock opened at GBX 250 on Thursday. The stock has a market capitalization of £2.79 billion, a PE ratio of 15.92, a price-to-earnings-growth ratio of -1.15 and a beta of 0.66. Man Group Plc has a 52 week low of GBX 150.40 and a 52 week high of GBX 281. The company has a quick ratio of 1.58, a current ratio of 0.95 and a debt-to-equity ratio of 18.04. The firm has a 50 day moving average of GBX 261.46 and a 200 day moving average of GBX 224.48.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Jefferies Financial Group lifted their price objective on shares of Man Group from GBX 240 to GBX 280 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Citigroup boosted their price target on Man Group from GBX 190 to GBX 275 and gave the company a “neutral” rating in a research note on Tuesday, January 20th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.