Man Group Plc (MNGPF) Given Average Recommendation of “Buy” by Brokerages
Shares of Man Group Plc (OTCMKTS:MNGPF) have earned an average rating of “Buy” from the six brokerages that are currently covering the firm. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.
A number of research firms recently weighed in on MNGPF. Societe Generale raised Man Group Plc from a “hold” rating to a “buy” rating in a research note on Monday, October 3rd. JPMorgan Chase & Co. raised Man Group Plc from a “neutral” rating to an “overweight” rating in a research note on Tuesday, September 13th. Finally, Macquarie downgraded Man Group Plc from an “outperform” rating to a “neutral” rating in a research note on Wednesday, August 17th.
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Shares of Man Group Plc (OTCMKTS:MNGPF) opened at 1.52 on Monday. Man Group Plc has a 12-month low of $1.45 and a 12-month high of $2.67. The firm has a market capitalization of $2.55 billion and a PE ratio of 28.15. The company’s 50-day moving average price is $1.50 and its 200 day moving average price is $1.65.
About Man Group Plc
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