Manning and Napier Inc (NYSE:MN) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 28, 2016
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
Recent Performance Chart
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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.