Man Group PLC (MNGPY) Receives Average Recommendation of “Buy” from Analysts
Shares of Man Group PLC (OTCMKTS:MNGPY) have been assigned an average rating of “Buy” from the six research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company.
Several brokerages have commented on MNGPY. ValuEngine upgraded shares of Man Group PLC from a “hold” rating to a “buy” rating in a report on Tuesday, June 27th. Zacks Investment Research lowered shares of Man Group PLC from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th.
Man Group PLC (OTCMKTS:MNGPY) remained flat at $2.12 on Friday. Man Group PLC has a 12-month low of $1.34 and a 12-month high of $2.18. The company’s market cap is $3.50 billion. The stock’s 50-day moving average is $2.03 and its 200-day moving average is $1.88.
The firm also recently announced a None dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, August 18th will be issued a dividend of $0.044 per share. This is a positive change from Man Group PLC’s previous None dividend of $0.04. The ex-dividend date of this dividend is Wednesday, August 16th.
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Man Group PLC Company Profile
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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