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Macquarie Group Limited ( (AU:MQG) ) just unveiled an announcement.
Macquarie Group Limited has lodged a notice stating it has ceased to be a substantial holder in Alligator Energy Limited, formally recording a change in its relevant voting interests and associations in the ASX-listed company. The filing, signed by Company Secretary Simone Kovacic, details that Macquarie Group and its extensive network of controlled bodies corporate are no longer substantial shareholders, signalling a withdrawal or significant reduction of its equity exposure to Alligator Energy and reflecting an adjustment in Macquarie’s investment positioning within the sector.
The most recent analyst rating on (AU:MQG) stock is a Hold with a A$221.00 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, operating through a wide range of controlled entities and subsidiaries across Australia, Europe, Asia and the Americas. Its activities span banking, asset management, advisory, and specialist infrastructure and energy investments, often conducted via numerous structured vehicles and country-specific operating companies.
Average Trading Volume: 735,977
Technical Sentiment Signal: Hold
Current Market Cap: A$75.32B
For a thorough assessment of MQG stock, go to TipRanks’ Stock Analysis page.