Man Group Plc (MNGPF) Stock Rating Lowered by BNP Paribas
Man Group Plc (OTCMKTS:MNGPF) was downgraded by research analysts at BNP Paribas from an “outperform” rating to a “neutral” rating in a note issued to investors on Monday.
A number of other analysts have also commented on the company. Societe Generale upgraded Man Group Plc from a “hold” rating to a “buy” rating in a report on Monday, October 3rd. JPMorgan Chase & Co. upgraded Man Group Plc from a “neutral” rating to an “overweight” rating in a report on Tuesday, September 13th. Finally, Macquarie lowered Man Group Plc from an “outperform” rating to a “neutral” rating in a report on Wednesday, August 17th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Man Group Plc currently has a consensus rating of “Buy”.
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 50-day moving average price of $1.50 and a 200-day moving average price of $1.64. The firm has a market cap of $2.55 billion and a price-to-earnings ratio of 28.15.
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