Man Group Plc (LON:EMG) Given Average Rating of "Moderate Buy" by Brokerages

Man Group Plc (LON:EMG - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six ratings firms that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 291.17 ($3.70).

EMG has been the subject of a number of research analyst reports. Canaccord Genuity Group raised shares of Man Group to a "buy" rating and boosted their target price for the stock from GBX 194 ($2.47) to GBX 272 ($3.46) in a research report on Wednesday, December 11th. Canaccord Genuity Group upgraded Man Group to a "buy" rating and increased their target price for the company from GBX 194 ($2.47) to GBX 272 ($3.46) in a research note on Wednesday, December 11th.

Insider Buying and Selling

In other Man Group news, insider Dixit Joshi purchased 46,051 shares of the firm's stock in a transaction on Thursday, February 27th. The shares were purchased at an average price of GBX 217 ($2.76) per share, for a total transaction of £99,930.67 ($126,992.85). Also, insider Laurie Fitch purchased 7,390 shares of the stock in a transaction on Tuesday, December 31st. The stock was acquired at an average cost of GBX 213 ($2.71) per share, for a total transaction of £15,740.70 ($20,003.43). Insiders have bought a total of 65,549 shares of company stock valued at $14,061,385 over the last three months. 0.95% of the stock is owned by corporate insiders.

Man Group Stock Performance

Shares of Man Group stock traded down GBX 5.14 ($0.07) on Monday, reaching GBX 207.86 ($2.64). The stock had a trading volume of 12,249,038 shares, compared to its average volume of 7,404,765. The company has a debt-to-equity ratio of 27.76, a quick ratio of 1.58 and a current ratio of 0.99. The business's 50-day moving average price is GBX 210.09 and its two-hundred day moving average price is GBX 210.99. The stock has a market cap of £3.00 billion, a P/E ratio of 9.81, a price-to-earnings-growth ratio of -1.15 and a beta of 0.71. Man Group has a fifty-two week low of GBX 196.87 ($2.50) and a fifty-two week high of GBX 279.23 ($3.55).

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.