Man Group Plc (LON:EMG) Insider Laurie Fitch Buys 7,390 Shares

Man Group Plc (LON:EMG) insider Laurie Fitch bought 7,390 shares of the firm’s stock in a transaction on Tuesday, December 31st. The shares were bought at an average price of GBX 213 ($2.64) per share, with a total value of £15,740.70 ($19,483.48).

Man Group Trading Up 0.1 %

Shares of EMG stock opened at GBX 214.60 ($2.66) on Friday. The company has a current ratio of 3.23, a quick ratio of 1.58 and a debt-to-equity ratio of 29.95. The stock has a market capitalization of £2.47 billion, a price-to-earnings ratio of 1,073.00, a price-to-earnings-growth ratio of -1.15 and a beta of 0.71. Man Group Plc has a 12-month low of GBX 196.87 ($2.44) and a 12-month high of GBX 279.23 ($3.46). The stock’s 50-day moving average price is GBX 207.19 and its 200-day moving average price is GBX 220.94.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Canaccord Genuity Group upgraded Man Group to a “buy” rating and boosted their price objective for the company from GBX 194 ($2.40) to GBX 272 ($3.37) in a research note on Wednesday, December 11th. Canaccord Genuity Group upgraded shares of Man Group to a “buy” rating and upped their price target for the stock from GBX 194 ($2.40) to GBX 272 ($3.37) in a research report on Wednesday, December 11th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 291.17 ($3.60).

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.