UBS Group Increases Man Group (OTCMKTS:MNGPF) Price Target to GBX 305

Man Group (OTCMKTS:MNGPFGet Rating) had its target price increased by UBS Group from GBX 285 ($3.56) to GBX 305 ($3.81) in a report released on Friday, The Fly reports.

Other research analysts also recently issued research reports about the company. Barclays increased their target price on Man Group from GBX 240 ($3.00) to GBX 255 ($3.19) in a report on Friday, April 22nd. Exane BNP Paribas raised Man Group from a neutral rating to an outperform rating in a report on Wednesday, April 20th. JPMorgan Chase & Co. increased their target price on Man Group from GBX 295 ($3.69) to GBX 300 ($3.75) in a report on Friday, April 22nd. Credit Suisse Group increased their target price on Man Group from GBX 240 ($3.00) to GBX 270 ($3.37) in a report on Monday, April 11th. Finally, Morgan Stanley increased their target price on Man Group from GBX 277 ($3.46) to GBX 301 ($3.76) in a report on Tuesday, March 29th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of Buy and an average price target of $286.20.

OTCMKTS MNGPF traded up $0.04 during mid-day trading on Friday, reaching $2.90. 100 shares of the company’s stock traded hands, compared to its average volume of 4,782. Man Group has a 1-year low of $2.31 and a 1-year high of $3.23. The company has a fifty day simple moving average of $2.74 and a 200-day simple moving average of $2.86.

About Man Group (Get Rating)

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.

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