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

UBS Group cut shares of Man Group (OTCMKTS:MNGPF) from a buy rating to a neutral rating in a report issued on Wednesday morning, MarketBeat.com reports.

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

Man Group Stock Performance

OTCMKTS MNGPF opened at $2.74 on Wednesday. Man Group has a one year low of $2.55 and a one year high of $3.55. The business’s fifty day moving average is $2.65 and its 200-day moving average is $3.09.

About Man Group

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.