Key Points
- Colin Bell, an insider at Man Group, bought 18,050 shares on May 13 at an average price of GBX 276, for a total of about £49,818.
- Man Group’s stock was up 2.6% and opened at GBX 285.60, matching its 52-week high. The company now has a market value of about £3.20 billion.
- Analyst sentiment remains mixed but constructive: Jefferies kept a Buy rating with a GBX 280 target, while Citigroup cut its target to GBX 285 and stayed at Neutral. Overall, MarketBeat shows a Moderate Buy consensus.
Man Group Plc (LON:EMG - Get Free Report) insider Colin Bell purchased 18,050 shares of the business's stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average cost of GBX 276 per share, with a total value of £49,818.
Man Group Stock Up 2.6%
EMG opened at GBX 285.60 on Friday. Man Group Plc has a 12 month low of GBX 154.25 and a 12 month high of GBX 285.60. The company has a debt-to-equity ratio of 18.04, a current ratio of 0.95 and a quick ratio of 1.58. The business has a 50 day simple moving average of GBX 256.79 and a 200-day simple moving average of GBX 243.25. The stock has a market capitalization of £3.20 billion, a P/E ratio of 19.04, a P/E/G ratio of -1.15 and a beta of 0.63.
Analyst Ratings Changes
EMG has been the subject of several research reports. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 280 price objective on shares of Man Group in a report on Friday, April 24th. Citigroup dropped their price objective on shares of Man Group from GBX 290 to GBX 285 and set a "neutral" rating for the company in a research note on Monday, April 20th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, Man Group has a consensus rating of "Moderate Buy" and an average target price of GBX 256.
View Our Latest Stock Report on Man Group
Man Group Company Profile
(
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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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