Robyn Grew Sells 299,898 Shares of Man Group Plc (LON:EMG) Stock

Man Group Plc (LON:EMG) insider Robyn Grew sold 299,898 shares of Man Group stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of GBX 210 ($2.72), for a total value of £629,785.80 ($814,623.98).

Man Group Trading Up 1.6 %

LON EMG opened at GBX 209.20 ($2.71) on Friday. Man Group Plc has a 1-year low of GBX 196.87 ($2.55) and a 1-year high of GBX 279.23 ($3.61). The company has a current ratio of 0.99, a quick ratio of 1.58 and a debt-to-equity ratio of 27.76. The stock has a 50-day moving average of GBX 209.29 and a 200-day moving average of GBX 209.89. The firm has a market cap of £3.02 billion, a PE ratio of 9.87, a price-to-earnings-growth ratio of -1.15 and a beta of 0.71.

Wall Street Analyst Weigh In

EMG has been the subject of several research analyst reports. Canaccord Genuity Group raised Man Group to a “buy” rating and lifted their price target for the stock from GBX 194 ($2.51) to GBX 272 ($3.52) in a research note on Wednesday, December 11th. Canaccord Genuity Group raised Man Group to a “buy” rating and lifted their price target for the stock from GBX 194 ($2.51) to GBX 272 ($3.52) in a research note on Wednesday, December 11th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 291.17 ($3.77).

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.