Man Group Plc (LON:EMG) Insider Sarah Legg Buys 12,108 Shares

Man Group Plc (LON:EMG) insider Sarah Legg purchased 12,108 shares of Man Group stock in a transaction on Thursday, December 19th. The shares were acquired at an average cost of GBX 206 ($2.57) per share, for a total transaction of £24,942.48 ($31,174.20).

Man Group Stock Performance

LON:EMG opened at GBX 209 ($2.61) on Friday. The firm has a 50-day moving average of GBX 206.82 and a two-hundred day moving average of GBX 223.96. The company has a debt-to-equity ratio of 29.95, a current ratio of 3.23 and a quick ratio of 1.58. The stock has a market cap of £2.40 billion, a P/E ratio of 1,045.00, a PEG ratio of -1.15 and a beta of 0.71. Man Group Plc has a 1-year low of GBX 196.87 ($2.46) and a 1-year high of GBX 279.23 ($3.49).

Analyst Ratings Changes

A number of equities analysts have recently commented on EMG shares. Canaccord Genuity Group raised shares of Man Group to a “buy” rating and raised their target price for the company from GBX 194 ($2.42) to GBX 272 ($3.40) in a research note on Wednesday, December 11th. Canaccord Genuity Group upgraded Man Group to a “buy” rating and boosted their price objective for the stock from GBX 194 ($2.42) to GBX 272 ($3.40) in a research note on Wednesday, December 11th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 280 ($3.50) target price on shares of Man Group in a research note on Tuesday, September 3rd. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 291.17 ($3.64).

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.