FMP

FMP

Man Group (OTC:MNGPF) Maintains Neutral Rating from Citigroup Amidst Silver Market Surge

  • Citigroup maintains a Neutral rating for Man Group (OTC:MNGPF) and raises the price target to 275 GBp from 190 GBp.
  • The current stock price of MNGPF is $2.87, with a 52-week range between $2.01 and $2.93, indicating some volatility.
  • The silver market has seen a dramatic increase, with the iShares Silver Trust (NYSE: SLV) experiencing a 43% increase in the last month.

Man Group (OTC:MNGPF) is a prominent investment management firm known for its diverse range of strategies and global reach. On January 20, 2026, Citigroup maintained its Neutral rating for MNGPF, advising investors to hold their positions. At the time, the stock was priced at $2.87. Citigroup also raised the price target for Man Group to 275 GBp from 190 GBp, as highlighted by TheFly.

The current stock price of MNGPF is $2.87, marking a 2.05% decrease with a $0.06 change. The stock has seen a 52-week range between $2.01 and $2.93, indicating some volatility. With a market capitalization of approximately $3.2 billion, MNGPF remains a significant player in the investment management sector. The trading volume for the day is notably low at 175 shares on the OTC exchange.

In contrast to MNGPF's stable outlook, the silver market has experienced a dramatic shift. Silver, once seen as "poor man's gold," has surged nearly 200% over the past year. The price of a one-ounce American Silver Eagle surpassed $100 at retail, a milestone that reflects silver's newfound market perception. This surge is partly due to the "silver squeeze" movement, which has gained traction on platforms like X and Reddit.

The iShares Silver Trust (NYSE: SLV) has seen a 43% increase in the last month, highlighting the growing interest in silver. Silver mining companies, such as First Majestic Silver Corp. (NYSE: AG) and Pan American Silver Corp. (NYSE: PAAS), have also benefited from this trend. Unlike the short-lived attempt in 2021, the current movement is supported by significant financial backing, leading to depleted retail inventories.

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