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

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

Man Group Stock Performance

LON:EMG opened at GBX 251.40 on Friday. The stock’s fifty day moving average is GBX 262.03 and its 200 day moving average is GBX 219.64. Man Group Plc has a fifty-two week low of GBX 150.40 and a fifty-two week high of GBX 281. The firm has a market capitalization of £2.81 billion, a PE ratio of 16.01, a PEG ratio of -1.15 and a beta of 0.66. The company has a debt-to-equity ratio of 33.55, a quick ratio of 1.58 and a current ratio of 33.63.

Analysts Set New Price Targets

Several brokerages have recently weighed in on EMG. Citigroup increased their target price on shares of Man Group from GBX 190 to GBX 275 and gave the company a “neutral” rating in a research note on Tuesday, January 20th. Jefferies Financial Group lifted their price target 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. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Man Group presently has a consensus rating of “Moderate Buy” and a consensus target price 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.