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

Man Group Plc (LON:EMG - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the six analysts that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 291.17 ($3.62).

A number of equities research analysts have weighed in on EMG shares. Canaccord Genuity Group upgraded shares of Man Group to a "buy" rating and boosted their target price for the company from GBX 194 ($2.41) to GBX 272 ($3.38) in a research note on Wednesday, December 11th. Canaccord Genuity Group raised shares of Man Group to a "buy" rating and boosted their price objective for the company from GBX 194 ($2.41) to GBX 272 ($3.38) in a research report on Wednesday, December 11th.

Insider Buying and Selling

In other Man Group news, insider Sarah Legg purchased 12,108 shares of the business's stock in a transaction on Thursday, December 19th. The stock was acquired at an average price of GBX 206 ($2.56) per share, for a total transaction of £24,942.48 ($31,019.13). Also, insider Laurie Fitch purchased 7,390 shares of the business's stock in a transaction on Tuesday, December 31st. The stock was acquired at an average price of GBX 213 ($2.65) per share, with a total value of £15,740.70 ($19,575.55). 0.95% of the stock is currently owned by insiders.

Man Group Stock Performance

EMG traded up GBX 1.60 ($0.02) during mid-day trading on Thursday, reaching GBX 213.20 ($2.65). 2,030,637 shares of the company traded hands, compared to its average volume of 9,673,322. The stock has a market capitalization of £2.45 billion, a P/E ratio of 1,066.00, a P/E/G ratio of -1.15 and a beta of 0.71. The company has a quick ratio of 1.58, a current ratio of 3.23 and a debt-to-equity ratio of 29.95. The company's fifty day moving average price is GBX 209.41 and its 200-day moving average price is GBX 213.92. Man Group has a 52-week low of GBX 196.87 ($2.45) and a 52-week high of GBX 279.23 ($3.47).

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.