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

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

Man Group Price Performance

Man Group stock opened at GBX 209 ($2.61) on Friday. The company has a debt-to-equity ratio of 29.95, a quick ratio of 1.58 and a current ratio of 3.23. The company has a market cap of £2.40 billion, a price-to-earnings 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). The firm has a 50 day moving average price of GBX 206.82 and a 200 day moving average price of GBX 223.96.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued 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. Canaccord Genuity Group raised shares of Man Group to a “buy” rating and boosted their price objective for the company from GBX 194 ($2.42) to GBX 272 ($3.40) in a research report on Wednesday, December 11th. Finally, Canaccord Genuity Group upgraded Man Group to a “buy” rating and boosted their price target for the company from GBX 194 ($2.42) to GBX 272 ($3.40) in a report on Wednesday, December 11th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.