Man Group PLC (MNGPY) Cut to “Sector Perform” at Royal Bank Of Canada
Royal Bank Of Canada lowered shares of Man Group PLC (OTCMKTS:MNGPY) from an outperform rating to a sector perform rating in a research report report published on Thursday, The Fly reports.
Several other research analysts also recently commented on the company. Zacks Investment Research upgraded Man Group PLC from a sell rating to a hold rating in a report on Wednesday, September 13th. ValuEngine upgraded Man Group PLC from a hold rating to a buy rating in a report on Tuesday, June 27th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of $2.00.
Shares of Man Group PLC (OTCMKTS MNGPY) opened at 2.17 on Thursday. The company’s market cap is $3.58 billion. Man Group PLC has a 12 month low of $1.34 and a 12 month high of $2.18. The company’s 50 day moving average price is $2.13 and its 200 day moving average price is $1.95.
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The firm also recently declared a None dividend, which was paid on Friday, September 22nd. Investors of record on Friday, August 18th were issued a dividend of $0.044 per share. The ex-dividend date of this dividend was Wednesday, August 16th. This is an increase from Man Group PLC’s previous None dividend of $0.04.
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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