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The latest announcement is out from Macquarie Group Limited ( (AU:MQG) ).
Macquarie Group Limited has announced that it has ceased to be a substantial holder in Jumbo Interactive Limited. This change in holding reflects a shift in Macquarie’s investment strategy or portfolio management, potentially impacting its influence over Jumbo Interactive’s corporate decisions. The announcement may have implications for stakeholders, including changes in voting power or strategic direction.
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 has a significant presence in markets such as Australia, the United States, and the United Kingdom, among others.
Average Trading Volume: 631,057
Technical Sentiment Signal: Hold
Current Market Cap: A$74.87B
Learn more about MQG stock on TipRanks’ Stock Analysis page.