Key Points
- Insider purchase: Laurie Fitch bought 5,000 Man Group shares on March 20 at GBX 242 each, totaling £12,100.
- Analysts raised targets: Citigroup increased its target to GBX 275 (neutral) and Jefferies to GBX 280 (buy); the consensus is a "Moderate Buy" with an average target of GBX 253.50.
- Stock snapshot: Man Group has a market cap of £2.70 billion, a P/E of 15.39, and a 1‑year range of GBX 150.40–281 with 50‑day/200‑day moving averages at GBX 261.93 and GBX 223.70 respectively.
Man Group Plc (LON:EMG - Get Free Report) insider Laurie Fitch bought 5,000 shares of the company's stock in a transaction dated Friday, March 20th. The stock was purchased at an average price of GBX 242 per share, with a total value of £12,100.
Man Group Stock Performance
Shares of Man Group stock opened at GBX 241.60 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 1.58 and a debt-to-equity ratio of 18.04. The company has a market cap of £2.70 billion, a PE ratio of 15.39, a price-to-earnings-growth ratio of -1.15 and a beta of 0.66. The company has a 50 day moving average of GBX 261.93 and a 200-day moving average of GBX 223.70. Man Group Plc has a 1-year low of GBX 150.40 and a 1-year high of GBX 281.
Analysts Set New Price Targets
Several research firms have weighed in on EMG. Citigroup upped their target price on Man Group from GBX 190 to GBX 275 and gave the stock a "neutral" rating in a research note on Tuesday, January 20th. Jefferies Financial Group boosted their price target on Man Group from GBX 240 to GBX 280 and gave the stock a "buy" rating in a report 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. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of GBX 253.50.
View 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.
Further Reading
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