Laurie Fitch Acquires 7,390 Shares of Man Group Plc (LON:EMG) Stock

Man Group Plc (LON:EMG) insider Laurie Fitch bought 7,390 shares of Man Group stock in a transaction that occurred on Tuesday, December 31st. The shares were acquired at an average cost of GBX 213 ($2.65) per share, for a total transaction of £15,740.70 ($19,553.66).

Man Group Trading Down 0.1 %

Shares of Man Group stock opened at GBX 214.40 ($2.66) on Friday. The stock has a market cap of £2.47 billion, a PE ratio of 1,072.00, a price-to-earnings-growth ratio of -1.15 and a beta of 0.71. The firm has a fifty day moving average price of GBX 207.39 and a 200 day moving average price of GBX 220.71. Man Group Plc has a 1 year low of GBX 196.87 ($2.45) and a 1 year high of GBX 279.23 ($3.47). The company has a debt-to-equity ratio of 29.95, a current ratio of 3.23 and a quick ratio of 1.58.

Analysts Set New Price Targets

EMG has been the subject of several research analyst reports. Canaccord Genuity Group raised shares of Man Group to a “buy” rating and increased their price objective for the company from GBX 194 ($2.41) to GBX 272 ($3.38) in a research report on Wednesday, December 11th. Canaccord Genuity Group raised shares of Man Group to a “buy” rating and raised their price target for the stock from GBX 194 ($2.41) to GBX 272 ($3.38) in a report on Wednesday, December 11th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 291.17 ($3.62).

About Man Group

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.