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Macquarie Group Limited ( (AU:MQG) ) just unveiled an update.
Macquarie Group Limited has announced that it has ceased to be a substantial holder in Perpetual Limited, marking a change in its investment strategy or portfolio composition. This move may impact the company’s market positioning and influence its future investment decisions, potentially affecting stakeholders and the broader financial market.
The most recent analyst rating on (AU:MQG) stock is a Buy with a A$241.00 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 is a global financial services organization providing a diverse range of services including asset management, banking, advisory, risk and capital solutions across debt, equity, and commodities. The company operates in various markets worldwide, focusing on delivering innovative financial solutions to clients.
YTD Price Performance: 3.49%
Average Trading Volume: 636,441
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$82.3B
For detailed information about MQG stock, go to TipRanks’ Stock Analysis page.