Antoine Forterre Sells 36,650 Shares of Man Group (LON:EMG) Stock

Man Group Plc (LON:EMG) insider Antoine Forterre sold 36,650 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of GBX 256, for a total transaction of £93,824.

Man Group Stock Down 0.4%

EMG traded down GBX 1 during midday trading on Friday, reaching GBX 251.60. 1,315,960 shares of the company were exchanged, compared to its average volume of 7,638,586. The company has a market cap of £2.81 billion, a price-to-earnings ratio of 16.03, a price-to-earnings-growth ratio of -1.15 and a beta of 0.66. Man Group Plc has a one year low of GBX 150.40 and a one year high of GBX 281. The company’s fifty day moving average price is GBX 261.62 and its 200 day moving average price is 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.

Analyst Upgrades and Downgrades

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

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. 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.