Brokerages Set Man Group Plc (LON:EMG) Target Price at GBX 291.17

Shares of Man Group Plc (LON:EMG) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 291.17 ($3.75).

A number of research firms have weighed in on EMG. Canaccord Genuity Group raised Man Group to a “buy” rating and boosted their price objective for the stock from GBX 194 ($2.50) to GBX 272 ($3.51) in a research note on Wednesday, December 11th. Canaccord Genuity Group raised shares of Man Group to a “buy” rating and boosted their price target for the company from GBX 194 ($2.50) to GBX 272 ($3.51) in a research report on Wednesday, December 11th.

Man Group Stock Performance

LON:EMG opened at GBX 210.20 ($2.71) on Monday. Man Group has a twelve month low of GBX 196.87 ($2.54) and a twelve month high of GBX 279.23 ($3.60). The company has a market cap of £3.03 billion, a P/E ratio of 9.92, a P/E/G ratio of -1.15 and a beta of 0.71. The company has a current ratio of 0.99, a quick ratio of 1.58 and a debt-to-equity ratio of 27.76. The company’s 50-day moving average price is GBX 209.87 and its 200-day moving average price is GBX 210.71.

Insider Activity at Man Group

In other Man Group news, insider Sarah Legg bought 12,108 shares of Man Group stock in a transaction on Thursday, December 19th. The shares were bought at an average cost of GBX 206 ($2.66) per share, for a total transaction of £24,942.48 ($32,150.66). Also, insider Dixit Joshi purchased 46,051 shares of the company’s stock in a transaction on Thursday, February 27th. The stock was acquired at an average price of GBX 217 ($2.80) per share, with a total value of £99,930.67 ($128,809.84). Insiders bought 65,549 shares of company stock worth $14,061,385 in the last three months. 0.95% of the stock is owned by company insiders.

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.