Shares of Man Group PLC (OTCMKTS:MNGPF) have earned an average recommendation of “Hold” from the six analysts that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.
Several brokerages have recently weighed in on MNGPF. Berenberg Bank lowered Man Group from a “buy” rating to a “hold” rating in a research report on Monday, June 22nd. Credit Suisse Group lowered Man Group from an “outperform” rating to a “neutral” rating in a research report on Thursday, June 25th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Man Group in a research report on Monday, June 15th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Man Group in a research note on Wednesday, June 3rd.
Shares of Man Group stock remained flat at $$1.70 during trading on Thursday. The stock has a 50-day moving average price of $1.68 and a two-hundred day moving average price of $1.70. Man Group has a twelve month low of $1.20 and a twelve month high of $2.15.
About Man Group
Man Group plc provides alternative investment management services worldwide. The company offers a range of liquid investment products and solutions, which include quantitative and discretionary, long only and long short, and single and multi-manager. It distributes its products and solutions directly to institutions; and to private investors through a network of intermediaries.
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