Man Group (LON:EMG) Insider Antoine Forterre Sells 36,650 Shares

Man Group Plc (LON:EMG) insider Antoine Forterre sold 36,650 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of GBX 256, for a total value of £93,824.

Man Group Trading Down 0.4%

Shares of LON:EMG traded down GBX 1 during mid-day trading on Friday, hitting GBX 251.60. The company had a trading volume of 1,315,960 shares, compared to its average volume of 7,638,586. The company has a debt-to-equity ratio of 33.55, a current ratio of 33.63 and a quick ratio of 1.58. Man Group Plc has a one year low of GBX 150.40 and a one year high of GBX 281. The firm has a fifty day moving average price of GBX 261.62 and a 200 day moving average price of GBX 218.67. The company has a market capitalization of £2.81 billion, a PE ratio of 16.03, a price-to-earnings-growth ratio of -1.15 and a beta of 0.66.

Analyst Ratings Changes

Several brokerages have recently weighed in on EMG. Jefferies Financial Group upped their price objective on shares of Man Group from GBX 240 to GBX 280 and gave the company a “buy” rating in a report on Tuesday, January 20th. JPMorgan Chase & Co. boosted their target price on Man Group from GBX 188 to GBX 209 and gave the company a “neutral” rating in a research report on Friday, November 14th. Finally, Citigroup upped their price target on Man Group from GBX 190 to GBX 275 and gave the stock 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 given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 253.50.

About Man Group

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.