Man Group Plc (LON:EMG) Insider Buys £99,930.67 in Stock

Man Group Plc (LON:EMG) insider Dixit Joshi bought 46,051 shares of the stock in a transaction on Thursday, February 27th. The stock was purchased at an average cost of GBX 217 ($2.75) per share, with a total value of £99,930.67 ($126,735.16).

Man Group Stock Up 2.2 %

Shares of EMG traded up GBX 4.60 ($0.06) during midday trading on Thursday, reaching GBX 213.80 ($2.71). 6,123,331 shares of the stock were exchanged, compared to its average volume of 7,338,266. The company has a quick ratio of 1.58, a current ratio of 0.99 and a debt-to-equity ratio of 27.76. The company has a market cap of £3.09 billion, a price-to-earnings ratio of 10.09, a P/E/G ratio of -1.15 and a beta of 0.71. The firm has a 50 day simple moving average of GBX 209.92 and a 200-day simple moving average of GBX 211.12. Man Group Plc has a 12-month low of GBX 196.87 ($2.50) and a 12-month high of GBX 279.23 ($3.54).

Analyst Upgrades and Downgrades

EMG has been the subject of several analyst reports. Canaccord Genuity Group upgraded shares of Man Group to a “buy” rating and upped their target price for the company from GBX 194 ($2.46) to GBX 272 ($3.45) in a research note on Wednesday, December 11th. Canaccord Genuity Group raised shares of Man Group to a “buy” rating and lifted their price target for the company from GBX 194 ($2.46) to GBX 272 ($3.45) in a report on Wednesday, December 11th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 291.17 ($3.69).

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.