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Macquarie Group Limited ( (AU:MQG) ) has provided an update.
Macquarie Group Limited has lodged a notice stating it has ceased to be a substantial holder in Bravura Solutions Limited, signalling that its relevant interest and voting power in the Australian fintech company have fallen below the substantial holding threshold. The filing, signed by company secretary Simone Kovacic, lists a wide array of Macquarie-controlled entities across multiple jurisdictions, underscoring the scale and complexity of the group’s investment structure even as it steps back from a major position in Bravura.
The most recent analyst rating on (AU:MQG) stock is a Hold with a A$233.00 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 headquartered in Sydney, Australia, operating across banking, asset management and investment services. Through numerous controlled entities worldwide, it provides investment management, banking, infrastructure and renewable energy financing solutions to institutional, corporate and retail clients.
Average Trading Volume: 829,740
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$81.84B
Learn more about MQG stock on TipRanks’ Stock Analysis page.