BNP Paribas cut shares of Man Group (OTCMKTS:MNGPF – Get Rating) from an outperform rating to a neutral rating in a report released on Thursday, Briefing.com reports.
A number of other brokerages have also issued reports on MNGPF. Morgan Stanley lifted their target price on Man Group from GBX 321 ($3.91) to GBX 360 ($4.39) in a research report on Wednesday, March 8th. Credit Suisse Group upped their target price on Man Group from GBX 265 ($3.23) to GBX 310 ($3.78) in a report on Thursday, March 2nd. Finally, UBS Group downgraded Man Group from a buy rating to a neutral rating in a research report on Friday, November 25th.
Man Group Stock Performance
Shares of MNGPF opened at $3.42 on Thursday. The stock’s 50-day moving average is $3.03 and its two-hundred day moving average is $2.79. Man Group has a 12 month low of $2.31 and a 12 month high of $3.42.
About Man Group
Man Group Plc operates as a holding company. It provides investment management services. The company was founded in 1783 and is headquartered in St. Helier, Jersey.
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