Man Group (MNGPF) Expected to Post Earnings on Tuesday

Man Group (OTCMKTS:MNGPF) is anticipated to post its resultson Tuesday, July 28th. Analysts expect the company to post earnings of $0.1756 per share and revenue of $795.0010 million for the quarter.

Man Group Stock Performance

Shares of Man Group stock opened at $4.11 on Friday. The stock has a 50 day moving average of $3.87 and a 200 day moving average of $3.66. Man Group has a fifty-two week low of $2.10 and a fifty-two week high of $4.11.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MNGPF. BNP Paribas Exane upgraded shares of Man Group from a “neutral” rating to an “outperform” rating in a report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft lowered shares of Man Group from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Finally, Citigroup reiterated a “neutral” rating on shares of Man Group in a research report on Monday, July 6th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

About Man Group

Man Group is a global alternative investment manager that specializes in a wide range of hedge fund and quantitative strategies. Headquartered in London, the firm serves institutional, intermediary and private investors worldwide, offering bespoke asset management solutions designed to address diverse market conditions and client objectives. With a focus on risk-adjusted returns and systematic research, Man Group employs a combination of quantitative models, fundamental analysis and proprietary technology to identify investment opportunities across multiple asset classes.

The company’s flagship investment platforms include Man AHL, which develops and deploys systematic, data-driven trading strategies; Man GLG, a discretionary business driven by fundamental research and thematic macro insights; and Man Numeric, which applies statistical techniques to emerging markets and thematic investing.