Insider Selling: Man Group (LON:EMG) Insider Sells 210,263 Shares of Stock

Man Group Plc (LON:EMG) insider Robyn Grew sold 210,263 shares of the stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of GBX 256, for a total transaction of £538,273.28.

Man Group Trading Down 0.4%

EMG stock traded down GBX 1 during midday trading on Friday, reaching GBX 251.60. 1,315,960 shares of the company traded hands, compared to its average volume of 7,638,586. The firm has a market capitalization of £2.81 billion, a price-to-earnings ratio of 16.03, a P/E/G ratio of -1.15 and a beta of 0.66. Man Group Plc has a 52-week low of GBX 150.40 and a 52-week high of GBX 281. The business has a 50 day moving average of GBX 261.62 and a 200-day moving average of GBX 218.67. The company has a debt-to-equity ratio of 33.55, a quick ratio of 1.58 and a current ratio of 33.63.

Analysts Set New Price Targets

A number of analysts recently issued reports on EMG shares. JPMorgan Chase & Co. boosted their price target on Man Group from GBX 188 to GBX 209 and gave the company a “neutral” rating in a report on Friday, November 14th. Citigroup upped their target price on Man Group from GBX 190 to GBX 275 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. Finally, Jefferies Financial Group raised their price target on Man Group from GBX 240 to GBX 280 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Man Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 253.50.

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. Our quantitative expertise and data-driven culture means we believe Man Group is in a unique position to uncover the opportunities of the future.
Our five investment management businesses leverage our robust infrastructure to provide a diverse range of strategies across investment approaches, styles and asset classes.
We continuously invest in talent, technology and research as we strive to deliver the best results for our clients.