Anne Wade Acquires 6,000 Shares of Man Group (LON:EMG) Stock

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

Man Group Price Performance

Man Group stock opened at GBX 245 on Wednesday. The company has a debt-to-equity ratio of 18.04, a quick ratio of 1.58 and a current ratio of 0.95. Man Group Plc has a 52 week low of GBX 150.40 and a 52 week high of GBX 281. The stock has a market capitalization of £2.73 billion, a P/E ratio of 15.61, a price-to-earnings-growth ratio of -1.15 and a beta of 0.66. The stock has a fifty day moving average of GBX 261.68 and a 200-day moving average of GBX 224.30.

Analyst Ratings Changes

Several research analysts have commented on EMG shares. Citigroup boosted their target price on Man Group from GBX 190 to GBX 275 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. Jefferies Financial Group raised their price target on shares of Man Group from GBX 240 to GBX 280 and gave the company a “buy” 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 company. According to MarketBeat, Man Group has a consensus rating of “Moderate Buy” and an average target price 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.