Berenberg Bank Reiterates “Buy” Rating for Man Group (OTCMKTS:MNGPF)

Man Group (OTCMKTS:MNGPF)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a research report issued on Thursday, The Fly reports.

MNGPF has been the topic of a number of other research reports. BNP Paribas raised Man Group from a “neutral” rating to an “outperform” rating in a research note on Wednesday, February 19th. Morgan Stanley reissued an “equal weight” rating on shares of Man Group in a research note on Monday, March 9th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy”.

OTCMKTS MNGPF remained flat at $$1.20 on Thursday. The firm has a fifty day simple moving average of $1.81 and a 200 day simple moving average of $1.95. Man Group has a twelve month low of $1.20 and a twelve month high of $2.15.

About Man Group

Man Group plc provides alternative investment management services worldwide. The company offers a range of liquid investment products and solutions, which include quantitative and discretionary, long only and long short, and single and multi-manager. It distributes its products and solutions directly to institutions; and to private investors through a network of intermediaries.

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Analyst Recommendations for Man Group (OTCMKTS:MNGPF)

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