Man Group Plc (MNGPY) Receives Average Recommendation of “Buy” from Brokerages

Man Group Plc (OTCMKTS:MNGPY) has been given an average recommendation of “Buy” by the eight research firms that are presently covering the firm. Three research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

Separately, Zacks Investment Research upgraded Man Group Plc from a “hold” rating to a “buy” rating and set a $2.00 target price for the company in a report on Friday, February 3rd.

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Shares of Man Group Plc (OTCMKTS:MNGPY) opened at 1.96 on Friday. Man Group Plc has a 1-year low of $1.31 and a 1-year high of $2.07. The stock has a 50 day moving average of $1.82 and a 200-day moving average of $1.60. The firm’s market capitalization is $3.25 billion.

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