Barclays Increases Man Group (OTCMKTS:MNGPF) Price Target to GBX 255

Man Group (OTCMKTS:MNGPFGet Rating) had its target price lifted by Barclays from GBX 240 ($3.12) to GBX 255 ($3.32) in a research note issued to investors on Friday, The Fly reports.

A number of other research firms also recently issued reports on MNGPF. Exane BNP Paribas upgraded shares of Man Group from a “neutral” rating to an “outperform” rating in a research report on Wednesday. Credit Suisse Group lifted their price target on shares of Man Group from GBX 240 ($3.12) to GBX 270 ($3.51) in a research report on Monday, April 11th. Morgan Stanley lifted their price target on shares of Man Group from GBX 277 ($3.60) to GBX 301 ($3.92) in a research report on Tuesday, March 29th. JPMorgan Chase & Co. lifted their price target on shares of Man Group from GBX 295 ($3.84) to GBX 300 ($3.90) in a research report on Friday. Finally, UBS Group lifted their price target on shares of Man Group from GBX 260 ($3.38) to GBX 285 ($3.71) in a research report on Thursday, January 13th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Man Group has an average rating of “Buy” and a consensus price target of $282.20.

OTCMKTS:MNGPF remained flat at $$3.21 during mid-day trading on Friday. Man Group has a 1 year low of $2.29 and a 1 year high of $3.23. The business’s 50 day simple moving average is $2.66 and its 200-day simple moving average is $2.84.

Man Group Company Profile (Get Rating)

Man Group plc 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.

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