Man Group (MNGPF) Expected to Post Quarterly Earnings on Tuesday

Man Group (OTCMKTS:MNGPF) will likely be announcing its resultson Tuesday, July 28th. Analysts expect the company to post earnings of $0.1756 per share and revenue of $795.0010 million for the quarter.

Man Group Price Performance

Man Group stock opened at $4.11 on Tuesday. The firm has a 50 day moving average price of $3.85 and a 200-day moving average price of $3.64. Man Group has a twelve month low of $2.10 and a twelve month high of $4.11.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on MNGPF shares. Citigroup reiterated a “neutral” rating on shares of Man Group in a research note on Monday, July 6th. BNP Paribas Exane raised Man Group from a “neutral” rating to an “outperform” rating in a research report on Thursday, June 18th. Finally, Deutsche Bank Aktiengesellschaft lowered Man Group from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Man Group Company Profile

Man Group is a global alternative investment manager that specializes in a wide range of hedge fund and quantitative strategies. Headquartered in London, the firm serves institutional, intermediary and private investors worldwide, offering bespoke asset management solutions designed to address diverse market conditions and client objectives. With a focus on risk-adjusted returns and systematic research, Man Group employs a combination of quantitative models, fundamental analysis and proprietary technology to identify investment opportunities across multiple asset classes.

The company’s flagship investment platforms include Man AHL, which develops and deploys systematic, data-driven trading strategies; Man GLG, a discretionary business driven by fundamental research and thematic macro insights; and Man Numeric, which applies statistical techniques to emerging markets and thematic investing.