Man Group (MNGPF) to Release Earnings on Thursday

Man Group (OTCMKTS:MNGPF) is expected to be releasing its results before the market opens on Thursday, February 26th. Analysts expect Man Group to post earnings of $0.1198 per share and revenue of $689.9330 million for the quarter.

Man Group Stock Down 0.1%

MNGPF stock opened at $3.66 on Wednesday. The company has a fifty day moving average price of $3.22 and a 200-day moving average price of $2.76. Man Group has a 52-week low of $2.01 and a 52-week high of $3.70.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Citigroup reaffirmed a “neutral” rating on shares of Man Group in a report on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Man Group in a research report on Friday, January 30th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Man Group Company Profile

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.