Man Group (LON:EMG) Insider Sells £93,824 in Stock

Man Group Plc (LON:EMGGet Free Report) insider Antoine Forterre sold 36,650 shares of Man Group stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of GBX 256, for a total transaction of £93,824.

Man Group Stock Down 0.5%

Man Group stock opened at GBX 251.40 on Monday. The company has a 50 day moving average of GBX 262.03 and a 200-day moving average of GBX 220.01. The company has a quick ratio of 1.58, a current ratio of 33.63 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 market capitalization of £2.81 billion, a PE ratio of 16.01, a price-to-earnings-growth ratio of -1.15 and a beta of 0.66.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group upped their target price on shares of Man Group from GBX 240 to GBX 280 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Citigroup lifted their price target on Man Group from GBX 190 to GBX 275 and gave the company a “neutral” rating in a research note on Tuesday, January 20th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 253.50.

Check Out Our Latest Stock Analysis on EMG

Man Group Company Profile

(Get Free Report)

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.

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