Man Group (LON:EMG) Insider Laurie Fitch Acquires 5,000 Shares of Stock

Man Group Plc (LON:EMG) insider Laurie Fitch purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was acquired at an average price of GBX 242 per share, for a total transaction of £12,100.

Man Group Price Performance

LON:EMG opened at GBX 241.60 on Tuesday. Man Group Plc has a 52 week low of GBX 150.40 and a 52 week high of GBX 281. 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 firm’s 50-day simple moving average is GBX 261.93 and its 200 day simple moving average is GBX 223.70. The firm has a market cap of £2.70 billion, a price-to-earnings ratio of 15.39, a P/E/G ratio of -1.15 and a beta of 0.66.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. 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 report on Tuesday, January 20th. Jefferies Financial Group increased their price target on Man Group from GBX 240 to GBX 280 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.