Insider Buying: Man Group Plc (LON:EMG) Insider Buys £99,930.67 in Stock

Man Group Plc (LON:EMG) insider Dixit Joshi bought 46,051 shares of the firm’s stock in a transaction dated Thursday, February 27th. The stock was purchased at an average price of GBX 217 ($2.73) per share, for a total transaction of £99,930.67 ($125,683.15).

Man Group Trading Down 0.4 %

EMG opened at GBX 213 ($2.68) on Friday. Man Group Plc has a 12 month low of GBX 196.87 ($2.48) and a 12 month high of GBX 279.23 ($3.51). The stock has a market capitalization of £3.08 billion, a price-to-earnings ratio of 10.05, a PEG ratio of -1.15 and a beta of 0.71. The company has a debt-to-equity ratio of 27.76, a current ratio of 0.99 and a quick ratio of 1.58. The business has a fifty day moving average price of GBX 210.09 and a 200 day moving average price of GBX 211.05.

Wall Street Analyst Weigh In

EMG has been the subject of several recent research reports. Canaccord Genuity Group raised Man Group to a “buy” rating and increased their price target for the company from GBX 194 ($2.44) to GBX 272 ($3.42) in a report on Wednesday, December 11th. Canaccord Genuity Group raised Man Group to a “buy” rating and raised their target price for the stock from GBX 194 ($2.44) to GBX 272 ($3.42) 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 company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.