Man Group Plc (LON:EMG) Insider Dixit Joshi Buys 46,051 Shares

Man Group Plc (LON:EMG) insider Dixit Joshi purchased 46,051 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The shares were purchased at an average cost of GBX 217 ($2.73) per share, with a total value of £99,930.67 ($125,667.34).

Man Group Price Performance

LON:EMG opened at GBX 213 ($2.68) on Friday. The company has a current ratio of 0.99, a quick ratio of 1.58 and a debt-to-equity ratio of 27.76. The stock has a 50 day moving average of GBX 210.09 and a two-hundred day moving average of GBX 211.13. The firm has a market cap of £3.08 billion, a P/E ratio of 10.05, a price-to-earnings-growth ratio of -1.15 and a beta of 0.71. Man Group Plc has a 12 month low of GBX 196.87 ($2.48) and a 12 month high of GBX 279.23 ($3.51).

Analysts Set New Price Targets

A number of equities research analysts have issued reports on EMG shares. Canaccord Genuity Group upgraded Man Group to a “buy” rating and upped their price objective for the company from GBX 194 ($2.44) to GBX 272 ($3.42) in a research report on Wednesday, December 11th. Canaccord Genuity Group raised Man Group to a “buy” rating and increased their target price for the company from GBX 194 ($2.44) to GBX 272 ($3.42) in a research report on Wednesday, December 11th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 291.17 ($3.66).

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.