Man Group (LON:EMG) Insider Purchases £49,818 in Stock

Man Group Plc (LON:EMGGet Free Report) insider Colin Bell acquired 18,050 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was purchased at an average price of GBX 276 per share, with a total value of £49,818.

Man Group Price Performance

LON:EMG traded up GBX 6.20 during trading hours on Thursday, reaching GBX 284.60. 2,802,498 shares of the company were exchanged, compared to its average volume of 14,103,582. The firm has a market cap of £3.18 billion, a PE ratio of 18.97, a price-to-earnings-growth ratio of -1.15 and a beta of 0.63. The stock’s 50-day moving average is GBX 256.32 and its 200-day moving average is GBX 242.70. Man Group Plc has a twelve month low of GBX 154.25 and a twelve month high of GBX 284.81. The company has a current ratio of 0.95, a quick ratio of 1.58 and a debt-to-equity ratio of 18.04.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on EMG. Citigroup reduced their price objective on shares of Man Group from GBX 290 to GBX 285 and set a “neutral” rating for the company in a research report on Monday, April 20th. Jefferies Financial Group restated a “buy” rating and set a GBX 280 price target on shares of Man Group in a research note on Friday, April 24th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 256.

Check Out Our Latest Analysis on EMG

Man Group Company Profile

(Get Free Report)

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.

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