Laurie Fitch Purchases 7,390 Shares of Man Group Plc (LON:EMG) Stock

Man Group Plc (LON:EMG) insider Laurie Fitch purchased 7,390 shares of the business’s stock in a transaction dated Tuesday, December 31st. The stock was bought at an average cost of GBX 213 ($2.65) per share, for a total transaction of £15,740.70 ($19,553.66).

Man Group Stock Performance

Shares of Man Group stock opened at GBX 214.40 ($2.66) on Friday. Man Group Plc has a 12 month low of GBX 196.87 ($2.45) and a 12 month high of GBX 279.23 ($3.47). The company has a current ratio of 3.23, a quick ratio of 1.58 and a debt-to-equity ratio of 29.95. The company has a market capitalization of £2.47 billion, a PE ratio of 1,072.00, a PEG ratio of -1.15 and a beta of 0.71. The stock’s fifty day simple moving average is GBX 207.39 and its 200 day simple moving average is GBX 220.71.

Analyst Upgrades and Downgrades

EMG has been the subject of a number of recent analyst reports. Canaccord Genuity Group upgraded Man Group to a “buy” rating and upped their price objective for the company from GBX 194 ($2.41) to GBX 272 ($3.38) in a report on Wednesday, December 11th. Canaccord Genuity Group raised Man Group to a “buy” rating and upped their price target for the company from GBX 194 ($2.41) to GBX 272 ($3.38) in a research note on Wednesday, December 11th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 291.17 ($3.62).

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.