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Macquarie Group Adjusts Investment in Sandfire Resources

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Macquarie Group Adjusts Investment in Sandfire Resources

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The latest update is out from Macquarie Group Limited ( (AU:MQG) ).

Macquarie Group Limited has announced that it has ceased to be a substantial holder in Sandfire Resources Limited. This change in holding reflects a strategic shift in Macquarie’s investment portfolio, potentially impacting its influence in the mining sector and signaling a reallocation of resources that could affect stakeholders and market dynamics.

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 is a global financial services group operating in various sectors including banking, financial, advisory, investment, and funds management services. The company is known for its diversified operations and strong presence in international markets.

Average Trading Volume: 666,618

Technical Sentiment Signal: Hold

Current Market Cap: A$69.41B

Learn more about MQG stock on TipRanks’ Stock Analysis page.

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