Insider Buying: Man Group (LON:EMG) Insider Acquires £22,575 in Stock

Man Group Plc (LON:EMG) insider Laurie Fitch purchased 7,500 shares of Man Group stock in a transaction that occurred on Friday, November 6th. The stock was bought at an average cost of GBX 301 per share, with a total value of £22,575.

Man Group Stock Performance

LON EMG opened at GBX 317.80 on Thursday. The company has a fifty day moving average of GBX 324.86 and a two-hundred day moving average of GBX 290.39. The company has a market capitalization of £3.52 billion, a PE ratio of 11.31, a P/E/G ratio of -1.15 and a beta of 0.63. Man Group Plc has a 1 year low of GBX 197 and a 1 year high of GBX 348.80. The company has a debt-to-equity ratio of 19.06, a current ratio of 2.40 and a quick ratio of 1.58.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on EMG shares. Deutsche Bank decreased their target price on Man Group from GBX 365 to GBX 355 and set a “hold” rating for the company in a research report on Friday, November 6th. Jefferies Financial Group lifted their price target on Man Group from GBX 345 to GBX 385 and gave the stock a “buy” rating in a research report on Tuesday, October 6th. Finally, Citigroup boosted their price objective on Man Group from GBX 325 to GBX 335 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of GBX 321.

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.