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Macquarie Group Limited ( (AU:MQG) ) just unveiled an announcement.
Macquarie Group Limited has announced that it has ceased to be a substantial holder in Sandfire Resources Limited. This change in holding indicates a shift in Macquarie’s investment strategy, which may impact its market positioning and influence within the industry. Stakeholders and investors might need to reassess their strategies in light of Macquarie’s altered investment stance.
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 providing a diverse range of services including asset management, banking, advisory, and risk and capital solutions. The company operates in various markets worldwide, focusing on delivering tailored financial solutions to clients.
YTD Price Performance: -8.15%
Average Trading Volume: 716,734
Technical Sentiment Signal: Hold
Current Market Cap: A$72.02B
For a thorough assessment of MQG stock, go to TipRanks’ Stock Analysis page.