Berenberg Bank Reiterates “Buy” Rating for Man Group (OTCMKTS:MNGPF)

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Man Group (OTCMKTS:MNGPF)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research note issued to investors on Thursday, The Fly reports.

A number of other analysts have also recently issued reports on MNGPF. BNP Paribas raised Man Group from a “neutral” rating to an “outperform” rating in a research report on Wednesday, February 19th. Morgan Stanley reissued an “equal weight” rating on shares of Man Group in a research report on Monday, March 9th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Man Group presently has an average rating of “Buy”.

Shares of MNGPF remained flat at $$1.20 during mid-day trading on Thursday. Man Group has a 1 year low of $1.20 and a 1 year high of $2.15. The business’s 50-day moving average price is $1.81 and its two-hundred day moving average price is $1.95.

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.

Further Reading: Cost of Debt

The Fly

Analyst Recommendations for Man Group (OTCMKTS:MNGPF)

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