Shares of Man Group Limited (LON:EMG – Get Rating) have been assigned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 287.67 ($3.47).
Several analysts have recently weighed in on EMG shares. Shore Capital restated a “buy” rating on shares of Man Group in a report on Wednesday, October 19th. Credit Suisse Group restated an “outperform” rating and set a GBX 280 ($3.38) price target on shares of Man Group in a report on Friday, September 30th. Finally, Barclays reduced their price target on Man Group from GBX 290 ($3.50) to GBX 270 ($3.26) and set an “equal weight” rating on the stock in a report on Friday, October 21st.
Insider Buying and Selling
In related news, insider Anne Wade acquired 15,000 shares of the business’s stock in a transaction that occurred on Friday, December 16th. The shares were bought at an average cost of GBX 211 ($2.55) per share, with a total value of £31,650 ($38,196.96). In related news, insider Anne Wade acquired 15,000 shares of the business’s stock in a transaction that occurred on Friday, December 16th. The shares were bought at an average cost of GBX 211 ($2.55) per share, with a total value of £31,650 ($38,196.96). Also, insider Luke Ellis sold 11,363 shares of Man Group stock in a transaction that occurred on Tuesday, December 13th. The stock was sold at an average price of GBX 220 ($2.66), for a total value of £24,998.60 ($30,169.68).
Man Group Stock Performance
Man Group stock opened at GBX 213.70 ($2.58) on Friday. The stock has a market cap of £2.74 billion and a PE ratio of 647.58. The company has a quick ratio of 1.58, a current ratio of 1.80 and a debt-to-equity ratio of 23.80. The business’s 50-day moving average price is GBX 215.68 and its two-hundred day moving average price is GBX 234.11. Man Group has a 12-month low of GBX 177.30 ($2.14) and a 12-month high of GBX 277 ($3.34).
About Man Group
Man Group Plc is a publicly owned investment manager. The firm provides long-only and alternative investment management services worldwide. It offers a range of liquid investment products and solutions, which include quantitative, multi-manager and discretionary investment styles, and span across various asset classes, like equity, real estate, currency, credit, volatility, and commodities.
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