Key Points
- Insider sale: Director Robyn Grew sold 210,263 shares of Man Group on March 10 at an average price of GBX 256, generating about £538,273.28.
- Analyst sentiment: Broker upgrades lifted price targets (Jefferies to GBX 280, Citi to GBX 275) and the stock carries an average rating of "Moderate Buy" with an average target of GBX 253.50.
- Stock and valuation snapshot: EMG opened at GBX 251.40, trades in a 52-week range of GBX 150.40–281, has a market cap of £2.81bn and a P/E of 16.01, with the 50-day MA (GBX 262.03) above the 200-day MA (GBX 219.27).
Man Group Plc (LON:EMG - Get Free Report) insider Antoine Forterre sold 36,650 shares of the firm's stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of GBX 256, for a total transaction of £93,824.
Man Group Price Performance
Shares of EMG opened at GBX 251.40 on Friday. The company has a current ratio of 33.63, a quick ratio of 1.58 and a debt-to-equity ratio of 33.55. The stock's 50 day moving average is GBX 262.03 and its two-hundred day moving average is GBX 219.27. Man Group Plc has a twelve month low of GBX 150.40 and a twelve month high of GBX 281. The firm has a market capitalization of £2.81 billion, a PE ratio of 16.01, a P/E/G ratio of -1.15 and a beta of 0.66.
Analyst Upgrades and Downgrades
EMG has been the topic of a number of analyst reports. Jefferies Financial Group lifted their price target on Man Group from GBX 240 to GBX 280 and gave the company a "buy" rating in a research note on Tuesday, January 20th. JPMorgan Chase & Co. boosted their target price on shares of Man Group from GBX 188 to GBX 209 and gave the stock a "neutral" rating in a research report on Friday, November 14th. Finally, Citigroup upped their price target on shares of Man Group from GBX 190 to GBX 275 and gave the stock a "neutral" rating in a research note on Tuesday, January 20th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of GBX 253.50.
Get Our Latest Stock Analysis on EMG
About Man Group
(
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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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