Man Group (OTCMKTS:MNGPF) PT Lowered to GBX 308 at Morgan Stanley

Man Group (OTCMKTS:MNGPFGet Rating) had its price target decreased by Morgan Stanley from GBX 330 ($3.90) to GBX 308 ($3.64) in a report released on Wednesday, The Fly reports.

Separately, Barclays lowered their target price on shares of Man Group from GBX 290 ($3.43) to GBX 270 ($3.19) in a research note on Friday, October 21st.

Man Group Stock Performance

OTCMKTS MNGPF opened at $2.55 on Wednesday. Man Group has a 1 year low of $2.31 and a 1 year high of $3.40. The company’s 50 day simple moving average is $2.59 and its two-hundred day simple moving average is $2.79.

Man Group Company Profile

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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.

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