Should Investors Be Buying Man Group (OTCMKTS:MNGPF) Stock Following Today’s Macquarie Upgrade?


Man Group (OTCMKTS:MNGPF) Stock Upgrade

Macquarie raised shares of Man Group (OTCMKTS:MNGPF) from a “Neutral” rating to a solid “Outperform” in recent note disseminated on today.

From a total of 1 analysts covering Man Group (OTCMKTS:MNGPF) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. Man Group was the topic of 3 analyst reports since September 14, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets downgraded shares on November 12 to “Sector Perform” rating. BNP Paribas initiated MNGPF stock in a recent report from September 14 with “Outperform” rating.

Approximately 1,344 shares of stock traded hands. MAN GROUP PLC ORD USD0.03428571428 (OTCMKTS:MNGPF) has declined 13.14% since May 14, 2015 and is downtrending. It has underperformed by 10.87% the S&P500.