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

Man Group Plc (LON:EMG) insider Laurie Fitch acquired 7,390 shares of the firm’s stock in a transaction on Tuesday, December 31st. The stock was purchased at an average price of GBX 213 ($2.65) per share, with a total value of £15,740.70 ($19,553.66).

Man Group Trading Down 0.1 %

Shares of EMG stock opened at GBX 214.40 ($2.66) on Friday. Man Group Plc has a fifty-two week low of GBX 196.87 ($2.45) and a fifty-two week high of GBX 279.23 ($3.47). The company has a debt-to-equity ratio of 29.95, a quick ratio of 1.58 and a current ratio of 3.23. The stock’s fifty day moving average is GBX 207.39 and its two-hundred day moving average is GBX 220.71. The firm has a market capitalization of £2.47 billion, a P/E ratio of 1,072.00, a PEG ratio of -1.15 and a beta of 0.71.

Analyst Upgrades and Downgrades

EMG has been the topic of several research analyst reports. Canaccord Genuity Group raised Man Group to a “buy” rating and raised their price objective for the company from GBX 194 ($2.41) to GBX 272 ($3.38) in a report on Wednesday, December 11th. Canaccord Genuity Group raised shares of Man Group to a “buy” rating and lifted their price target for the company from GBX 194 ($2.41) to GBX 272 ($3.38) in a research note on Wednesday, December 11th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 291.17 ($3.62).

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.