Man Group (LON:EMG) Insider Robyn Grew Sells 210,263 Shares

Man Group Plc (LON:EMG) insider Robyn Grew sold 210,263 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of GBX 256, for a total value of £538,273.28.

Man Group Trading Down 0.5%

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on EMG shares. JPMorgan Chase & Co. lifted their price target on shares of Man Group from GBX 188 to GBX 209 and gave the company a “neutral” rating in a report on Friday, November 14th. Jefferies Financial Group upped their price objective on shares of Man Group from GBX 240 to GBX 280 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Finally, Citigroup raised their target price on shares of Man Group from GBX 190 to GBX 275 and gave the stock a “neutral” rating in a research report on Tuesday, January 20th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average 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.