Man Group Plc (LON:EMG) Insider Sells £629,785.80 in Stock

Man Group Plc (LON:EMG) insider Robyn Grew sold 299,898 shares of the business’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of GBX 210 ($2.71), for a total value of £629,785.80 ($814,097.47).

Man Group Stock Up 1.6 %

Shares of LON:EMG opened at GBX 209.20 ($2.70) on Monday. The company has a debt-to-equity ratio of 27.76, a current ratio of 0.99 and a quick ratio of 1.58. The business has a 50 day simple moving average of GBX 209.29 and a two-hundred day simple moving average of GBX 209.80. The firm has a market capitalization of £3.02 billion, a PE ratio of 9.87, a price-to-earnings-growth ratio of -1.15 and a beta of 0.71. Man Group Plc has a 1 year low of GBX 196.87 ($2.54) and a 1 year high of GBX 279.23 ($3.61).

Analyst Ratings Changes

EMG has been the topic of several analyst reports. Canaccord Genuity Group raised Man Group to a “buy” rating and boosted their price objective for the stock from GBX 194 ($2.51) to GBX 272 ($3.52) in a research note on Wednesday, December 11th. Canaccord Genuity Group upgraded Man Group to a “buy” rating and boosted their target price for the company from GBX 194 ($2.51) to GBX 272 ($3.52) in a research report on Wednesday, December 11th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 291.17 ($3.76).

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.