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Macquarie Group Limited ( (AU:MQG) ) just unveiled an update.
Macquarie Group Limited has announced that it ceased to be a substantial holder in Tabcorp Holdings Limited. This change signifies an update to the group’s equity holdings strategy, potentially impacting its investment approach and signaling a shift in focus for stakeholders. The move might affect Tabcorp shareholders and the broader market, as it denotes a realignment of Macquarie’s portfolio priorities.
The most recent analyst rating on (AU:MQG) stock is a Hold with a A$212.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.
More about Macquarie Group Limited
Macquarie Group Limited, headquartered in Sydney, Australia, is a multinational investment banking and financial services company. The company operates through various subsidiaries, offering services such as asset management, investment banking, corporate finance, and wealth management, with a strong focus on global financial markets and investment opportunities.
Average Trading Volume: 745,493
Technical Sentiment Signal: Hold
Current Market Cap: A$73.34B
See more insights into MQG stock on TipRanks’ Stock Analysis page.