Man Group (OTCMKTS:MNGPF) Downgraded to “Neutral” at UBS Group

Man Group (OTCMKTS:MNGPF) was downgraded by UBS Group from a “buy” rating to a “neutral” rating in a report released on Wednesday, Briefing.com reports.

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

Man Group Stock Performance

OTCMKTS MNGPF remained flat at $2.74 during trading on Wednesday. The company’s stock had a trading volume of 8 shares, compared to its average volume of 2,330. Man Group has a fifty-two week low of $2.55 and a fifty-two week high of $3.55. The firm’s fifty day moving average is $2.64 and its 200 day moving average is $3.10.

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.