Man Group (OTCMKTS:MNGPF) Stock Rating Lowered by BNP Paribas

Man Group (OTCMKTS:MNGPF – Get Rating) was downgraded by analysts at BNP Paribas from an “outperform” rating to a “neutral” rating in a report released on Thursday, Briefing.com reports.

MNGPF has been the subject of a number of other research reports. Morgan Stanley increased their target price on shares of Man Group from GBX 321 ($3.91) to GBX 360 ($4.39) in a research report on Wednesday, March 8th. Credit Suisse Group increased their target price on shares of Man Group from GBX 265 ($3.23) to GBX 310 ($3.78) in a research report on Thursday, March 2nd. Finally, UBS Group downgraded shares of Man Group from a “buy” rating to a “neutral” rating in a research report on Friday, November 25th.

Man Group Price Performance

MNGPF opened at $3.42 on Thursday. The firm has a 50 day moving average price of $3.03 and a 200 day moving average price of $2.79. Man Group has a 1 year low of $2.31 and a 1 year high of $3.42.

Man Group Company Profile

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Man Group Plc operates as a holding company. It provides investment management services. The company was founded in 1783 and is headquartered in St. Helier, Jersey.