Insider Buying: Man Group Plc (LON:EMG) Insider Buys 46,051 Shares of Stock

Man Group Plc (LON:EMG - Get Free Report) insider Dixit Joshi acquired 46,051 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The stock was acquired at an average price of GBX 217 ($2.76) per share, with a total value of £99,930.67 ($126,992.85).

Man Group Stock Performance

EMG traded down GBX 5.14 ($0.07) during midday trading on Monday, reaching GBX 207.86 ($2.64). The company's stock had a trading volume of 12,249,038 shares, compared to its average volume of 7,404,765. Man Group Plc has a twelve month low of GBX 196.87 ($2.50) and a twelve month high of GBX 279.23 ($3.55). The stock has a market cap of £3.00 billion, a P/E ratio of 9.81, a PEG ratio of -1.15 and a beta of 0.71. The company has a fifty day simple moving average of GBX 210.05 and a 200 day simple moving average of GBX 210.88. The company has a current ratio of 0.99, a quick ratio of 1.58 and a debt-to-equity ratio of 27.76.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Canaccord Genuity Group upgraded 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 report on Wednesday, December 11th. Canaccord Genuity Group upgraded shares of Man Group to a "buy" rating and boosted their price objective for the stock from GBX 194 ($2.47) to GBX 272 ($3.46) in a research note on Wednesday, December 11th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Man Group has an average rating of "Moderate Buy" and a consensus price target of GBX 291.17 ($3.70).

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.