FY2017 Earnings Estimate for Man Group Plc Issued By Jefferies Group (MNGPY)
Man Group Plc (OTCMKTS:MNGPY) – Stock analysts at Jefferies Group lifted their FY2017 earnings per share (EPS) estimates for shares of Man Group in a report issued on Monday. Jefferies Group analyst P. Dobbin now forecasts that the financial services provider will earn $0.18 per share for the year, up from their prior forecast of $0.15. Jefferies Group also issued estimates for Man Group’s FY2019 earnings at $0.27 EPS.
Several other equities analysts have also recently issued reports on MNGPY. Zacks Investment Research upgraded Man Group from a “hold” rating to a “buy” rating and set a $2.75 price target on the stock in a report on Friday, October 20th. Royal Bank of Canada cut Man Group from an “outperform” rating to a “sector perform” rating in a report on Thursday, September 28th.
Shares of Man Group (OTCMKTS:MNGPY) opened at $2.93 on Wednesday. Man Group has a 12 month low of $1.46 and a 12 month high of $2.93.
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Man Group Company Profile
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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