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Macquarie Group Ceases Substantial Holding in Perpetual Limited

Story Highlights
  • Macquarie Group Limited has ceased to be a substantial holder in Perpetual Limited.
  • This change may impact Macquarie’s strategic positioning and influence in the industry.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Macquarie Group Ceases Substantial Holding in Perpetual Limited

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An announcement from Macquarie Group Limited ( (AU:MQG) ) is now available.

Macquarie Group Limited has announced that it has ceased to be a substantial holder in Perpetual Limited, indicating a change in its voting securities and associations. This development may impact Macquarie’s strategic positioning and influence within the financial services industry, potentially affecting stakeholders and market dynamics.

The most recent analyst rating on (AU:MQG) stock is a Hold with a A$216.00 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 range of services including asset management, banking, advisory, and risk and capital solutions across debt, equity, and commodities. It operates in various markets worldwide, focusing on delivering innovative solutions to clients.

Average Trading Volume: 617,598

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$81.87B

For a thorough assessment of MQG stock, go to TipRanks’ Stock Analysis page.

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