Robyn Grew Sells 210,263 Shares of Man Group (LON:EMG) Stock

Man Group Plc (LON:EMG) insider Robyn Grew sold 210,263 shares of Man Group stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of GBX 256, for a total transaction of £538,273.28.

Man Group Stock Performance

LON EMG opened at GBX 251.40 on Friday. Man Group Plc has a 12-month low of GBX 150.40 and a 12-month high of GBX 281. The company has a market cap of £2.81 billion, a P/E ratio of 16.01, a PEG ratio of -1.15 and a beta of 0.66. The company has a fifty day simple moving average of GBX 262.03 and a 200 day simple moving average of GBX 219.64. The company has a current ratio of 33.63, a quick ratio of 1.58 and a debt-to-equity ratio of 33.55.

Wall Street Analyst Weigh In

EMG has been the subject of several analyst reports. Jefferies Financial Group increased their target price on Man Group from GBX 240 to GBX 280 and gave the company a “buy” rating in a report on Tuesday, January 20th. Citigroup lifted their target price on shares of Man Group from GBX 190 to GBX 275 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average 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.