Man Group Plc (MNGPF) Upgraded to “Buy” by Societe Generale
Man Group Plc (NASDAQ:MNGPF) was upgraded by analysts at Societe Generale from a “hold” rating to a “buy” rating in a note issued to investors on Monday.
A number of other research firms also recently commented on MNGPF. JPMorgan Chase & Co. upgraded Man Group Plc from a “neutral” rating to an “overweight” rating in a report on Tuesday, September 13th. Citigroup Inc. restated a “neutral” rating on shares of Man Group Plc in a report on Monday, June 27th. RBC Capital Markets upgraded Man Group Plc from a “sector perform” rating to an “outperform” rating in a report on Sunday, July 24th. Royal Bank Of Canada upgraded Man Group Plc from a “sector perform” rating to an “outperform” rating in a report on Friday, July 22nd. Finally, Macquarie downgraded Man Group Plc from an “outperform” rating to a “neutral” rating in a report on Wednesday, August 17th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy”.
Shares of Man Group Plc (NASDAQ:MNGPF) remained flat at $1.48 during mid-day trading on Monday. The company’s stock had a trading volume of 40,000 shares. The firm has a 50-day moving average of $1.50 and a 200-day moving average of $1.84. The stock has a market capitalization of $2.49 billion and a PE ratio of 27.41. Man Group Plc has a 52 week low of $1.48 and a 52 week high of $2.70.
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