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Manning and Napier Inc (NYSE:MN) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has upgraded Manning and Napier Inc (NYSE:MN) to Hold in a statement released on Thursday September 29, 2016.

Having a price of $7.02, Manning and Napier Inc (NYSE:MN) traded -1.13% lower on the day. With the last close down -15.94% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. MN has recorded a 50-day average of $7.56 and a two hundred day average of $8.35. Trade Volume was down over the average, with 52,907 shares of MN changing hands under the typical 118,833

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Manning and Napier Inc (NYSE:MN)

Manning and Napier Inc has PE ratio of 9.25 with a one year low of $5.60 and a one year high of $10.34 and has a market capitalization of $0.

A total of 5 analysts have released a report on Manning and Napier Inc. zero analysts rating the company a strong buy, zero analysts rating the company a buy, six analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $7.95.

General Company Details For Manning and Napier Inc (NYSE:MN)

Manning & Napier, Inc. is an independent investment management company. The Company operates through investment management industry segment. It provides a range of investment solutions through separately managed accounts, mutual funds and collective investment trust funds, as well as a range of consultative services. It offers equity, fixed income and alternative strategies, as well as a range of blended asset portfolios, such as life cycle funds. It serves a client base of high net worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans (Taft-Hartley), endowments and foundations. It offers its investment management capabilities through direct sales to high net worth individuals and institutions, as well as through third-party intermediaries, platforms and institutional investment consultants. Its investment management offerings include approximately 40 separate account composites, and over 60 mutual funds and collective investment trusts.

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