Sarah Legg Acquires 12,108 Shares of Man Group Plc (LON:EMG) Stock

Man Group Plc (LON:EMG) insider Sarah Legg purchased 12,108 shares of the business’s stock in a transaction dated Thursday, December 19th. The shares were purchased at an average price of GBX 206 ($2.59) per share, with a total value of £24,942.48 ($31,346.59).

Man Group Stock Up 0.2 %

Shares of LON EMG opened at GBX 209.40 ($2.63) on Friday. The company has a quick ratio of 1.58, a current ratio of 3.23 and a debt-to-equity ratio of 29.95. The company has a market cap of £2.41 billion, a P/E ratio of 1,047.00, a P/E/G ratio of -1.15 and a beta of 0.71. Man Group Plc has a 52 week low of GBX 196.87 ($2.47) and a 52 week high of GBX 279.23 ($3.51). The business has a 50-day simple moving average of GBX 206.77 and a two-hundred day simple moving average of GBX 223.60.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Canaccord Genuity Group raised shares of Man Group to a “buy” rating and upped their price objective for the company from GBX 194 ($2.44) to GBX 272 ($3.42) in a report on Wednesday, December 11th. Canaccord Genuity Group raised shares of Man Group to a “buy” rating and boosted their price target for the company from GBX 194 ($2.44) to GBX 272 ($3.42) in a research report on Wednesday, December 11th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 280 ($3.52) price target on shares of Man Group in a research note on Tuesday, September 3rd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 291.17 ($3.66).

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.