Rating Buzzer: Exane BNP Paribas Gives Man Group (OTCMKTS:MNGPF) Lower Rating. Lost Its “Outperform” Rating

November 28, 2016 - By Hazel Jackson

Rating Buzzer: Exane BNP Paribas Gives Man Group (OTCMKTS:MNGPF) Lower Rating. Lost Its

Man Group (OTCMKTS:MNGPF) Downgrade

Professional analysts at Exane BNP Paribas’s equity division decreased Man Group (OTCMKTS:MNGPF)‘s stock rating from “Outperform” to “Neutral” on Monday morning.

MAN GROUP PLC ORD USD0.03428571428 (OTCMKTS:MNGPF) Ratings Coverage

Out of 6 analysts covering Man Group (OTCMKTS:MNGPF), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. Man Group has been the topic of 6 analyst reports since September 14, 2015 according to StockzIntelligence Inc. The stock of MAN GROUP PLC ORD USD0.03428571428 (OTCMKTS:MNGPF) earned “Outperform” rating by Macquarie Research on Thursday, December 17. BNP Paribas initiated MAN GROUP PLC ORD USD0.03428571428 (OTCMKTS:MNGPF) on Monday, September 14 with “Outperform” rating. The stock of MAN GROUP PLC ORD USD0.03428571428 (OTCMKTS:MNGPF) earned “Overweight” rating by JP Morgan on Tuesday, September 13. RBC Capital Markets downgraded the shares of MNGPF in a report on Thursday, November 12 to “Sector Perform” rating. The rating was upgraded by Jefferies on Friday, October 23 to “Buy”. The rating was upgraded by Societe Generale to “Buy” on Monday, October 3.

It is down 32.44% since April 25, 2016 and is downtrending. It has underperformed by 38.46% the S&P500.

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