Man Group (OTCMKTS:MNGPF) Cut to Neutral at UBS Group

UBS Group downgraded shares of Man Group (OTCMKTS:MNGPF) from a buy rating to a neutral rating in a research note published on Wednesday, MarketBeat.com reports.

Separately, Deutsche Bank Aktiengesellschaft raised shares of Man Group from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd.

Man Group Stock Performance

Shares of MNGPF stock opened at $2.74 on Wednesday. The business’s 50 day moving average is $2.65 and its two-hundred day moving average is $3.09. Man Group has a twelve month low of $2.55 and a twelve month high of $3.55.

Man Group Company Profile

Man Group Limited 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.