JPMorgan Chase & Co. Reiterates “Overweight” Rating for Man Group (OTCMKTS:MNGPF)

Man Group (OTCMKTS:MNGPF)‘s stock had its “overweight” rating reiterated by stock analysts at JPMorgan Chase & Co. in a report released on Thursday, The Fly reports.

A number of other equities analysts have also recently issued reports on MNGPF. Barclays restated an “equal weight” rating on shares of Man Group in a research note on Thursday. Morgan Stanley restated an “overweight” rating on shares of Man Group in a research note on Thursday, October 7th. Finally, UBS Group restated a “buy” rating on shares of Man Group in a research note on Tuesday, August 3rd. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Shares of MNGPF stock remained flat at $$2.69 during mid-day trading on Thursday. Man Group has a twelve month low of $1.45 and a twelve month high of $3.00. The stock’s 50-day simple moving average is $2.83 and its two-hundred day simple moving average is $2.57.

About Man Group

Man Group plc is a publicly owned investment manager. The firm provides long-only and alternative investment management services worldwide. It offers a range of liquid investment products and solutions, which include quantitative, multi-manager and discretionary investment styles, and span across various asset classes, like equity, real estate, currency, credit, volatility, and commodities.

Further Reading: Backdoor Roth IRA Conversion and Strategy

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Analyst Recommendations for Man Group (OTCMKTS:MNGPF)

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