Man Group (LON:EMG) Insider Antoine Forterre Sells 36,650 Shares of Stock

Man Group Plc (LON:EMG) insider Antoine Forterre sold 36,650 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of GBX 256, for a total value of £93,824.

Man Group Price Performance

Shares of LON EMG opened at GBX 251.40 on Friday. The company has a current ratio of 33.63, a quick ratio of 1.58 and a debt-to-equity ratio of 33.55. Man Group Plc has a twelve month low of GBX 150.40 and a twelve month high of GBX 281. The stock has a 50 day moving average of GBX 262.03 and a two-hundred day moving average of GBX 219.27. The stock has a market cap of £2.81 billion, a P/E ratio of 16.01, a P/E/G ratio of -1.15 and a beta of 0.66.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of Man Group from GBX 188 to GBX 209 and gave the stock a “neutral” rating in a research note on Friday, November 14th. Jefferies Financial Group lifted their price objective 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. Finally, Citigroup increased 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 research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus 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.