Man Group (OTCMKTS:MNGPF) Trading Down 1.2% – Here’s Why

Shares of Man Group Plc (OTCMKTS:MNGPFGet Free Report) were down 1.2% during mid-day trading on Friday . The stock traded as low as $2.56 and last traded at $2.56. Approximately 2,000 shares were traded during trading, a decline of 11% from the average daily volume of 2,242 shares. The stock had previously closed at $2.59.

Analysts Set New Price Targets

MNGPF has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft upgraded Man Group from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. UBS Group downgraded shares of Man Group from a “buy” rating to a “neutral” rating in a report on Wednesday, October 23rd.

Read Our Latest Report on Man Group

Man Group Trading Down 1.2 %

The firm’s 50 day moving average is $2.66 and its 200 day moving average is $2.95.

Man Group Company Profile

(Get Free Report)

Man Group Limited 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.

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