Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An announcement from Magellan Financial Group Ltd ( (AU:MFG) ) is now available.
Magellan Financial Group Ltd has announced a change in the interests of its director, Deborah Page AM, who has acquired 17,228.3096 units in the Magellan Infrastructure Fund. This acquisition reflects the director’s increased stake in the company’s infrastructure fund, which could indicate confidence in the fund’s performance and potential growth, impacting the company’s market positioning and stakeholder interests.
The most recent analyst rating on (AU:MFG) stock is a Hold with a A$10.70 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd is a prominent financial services company that offers a range of investment products, including global equity funds, infrastructure funds, and other financial instruments. The company is focused on providing investment solutions to a global clientele, leveraging its expertise in managing large-scale funds.
Average Trading Volume: 505,273
Technical Sentiment Signal: Buy
Current Market Cap: A$1.65B
For a thorough assessment of MFG stock, go to TipRanks’ Stock Analysis page.