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

Man Group Plc (LON:EMG) insider Sarah Legg acquired 12,108 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The stock was bought at an average cost of GBX 206 ($2.59) per share, for a total transaction of £24,942.48 ($31,358.41).

Man Group Stock Up 0.1 %

LON EMG traded up GBX 0.20 ($0.00) during trading hours on Thursday, hitting GBX 209 ($2.63). 4,428,217 shares of the company traded hands, compared to its average volume of 4,456,601. The stock has a market capitalization of £2.40 billion, a price-to-earnings ratio of 1,045.00, a P/E/G ratio of -1.15 and a beta of 0.71. Man Group Plc has a twelve month low of GBX 196.87 ($2.48) and a twelve month high of GBX 279.23 ($3.51). The business’s 50-day moving average is GBX 206.86 and its 200-day moving average is GBX 224.07. The company has a debt-to-equity ratio of 29.95, a quick ratio of 1.58 and a current ratio of 3.23.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on EMG shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 280 ($3.52) price target on shares of Man Group in a research note on Tuesday, September 3rd. Canaccord Genuity Group raised Man Group to a “buy” rating and lifted their target price for the company from GBX 194 ($2.44) to GBX 272 ($3.42) in a research report on Wednesday, December 11th. Finally, Canaccord Genuity Group raised Man Group to a “buy” rating and upped their price target for the stock from GBX 194 ($2.44) to GBX 272 ($3.42) in a research report on Wednesday, December 11th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus 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.