Man Group (LON:EMG) Insider Anne Wade Acquires 6,000 Shares

Man Group Plc (LON:EMG) insider Anne Wade bought 6,000 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were acquired at an average cost of GBX 243 per share, with a total value of £14,580.

Man Group Trading Down 0.0%

Shares of LON:EMG opened at GBX 241.60 on Tuesday. The company has a debt-to-equity ratio of 18.04, a quick ratio of 1.58 and a current ratio of 0.95. The stock has a market capitalization of £2.70 billion, a price-to-earnings ratio of 15.39, a PEG ratio of -1.15 and a beta of 0.66. Man Group Plc has a 1-year low of GBX 150.40 and a 1-year high of GBX 281. The company has a 50 day moving average price of GBX 261.93 and a 200 day moving average price of GBX 223.70.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on EMG. Jefferies Financial Group raised their price objective on Man Group from GBX 240 to GBX 280 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Citigroup upped their target price on Man Group from GBX 190 to GBX 275 and gave the company a “neutral” rating in a report on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Man Group currently has an average rating of “Moderate Buy” and an average target price 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.