| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 283.70M | 313.54M | 348.67M | 381.15M | 669.43M | 699.07M |
| Gross Profit | 299.30M | 313.27M | 275.90M | 332.18M | 639.05M | 449.26M |
| EBITDA | 174.20M | 236.18M | 270.83M | 273.99M | 443.75M | 385.49M |
| Net Income | 139.96M | 165.02M | 238.76M | 182.66M | 383.01M | 265.16M |
Balance Sheet | ||||||
| Total Assets | 1.02B | 1.09B | 1.09B | 1.20B | 1.24B | 1.22B |
| Cash, Cash Equivalents and Short-Term Investments | 119.25M | 170.15M | 322.57M | 375.11M | 421.57M | 213.23M |
| Total Debt | 4.06M | 5.11M | 7.61M | 10.17M | 12.55M | 171.69M |
| Total Liabilities | 64.70M | 90.50M | 69.72M | 236.47M | 214.64M | 226.73M |
| Stockholders Equity | 953.23M | 1.00B | 1.02B | 962.50M | 1.03B | 989.43M |
Cash Flow | ||||||
| Free Cash Flow | 144.44M | 153.07M | 46.93M | 186.47M | 434.37M | 401.06M |
| Operating Cash Flow | 144.82M | 153.40M | 47.38M | 186.58M | 434.63M | 401.33M |
| Investing Cash Flow | 3.36M | -122.13M | 81.23M | 16.47M | 134.75M | -221.58M |
| Financing Cash Flow | -219.99M | -185.48M | -179.54M | -250.61M | -364.94M | -400.52M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$1.41B | 10.48 | 16.50% | 5.99% | -13.22% | -29.69% | |
69 Neutral | AU$582.72M | 14.46 | 8.50% | 4.63% | 4.26% | 79.41% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | AU$596.47M | 24.38 | 58.10% | 2.70% | 18.80% | 74.51% | |
56 Neutral | AU$1.61B | 13.28 | 5.59% | 6.26% | 38.64% | -21.14% | |
50 Neutral | €2.11B | -124.17 | -3.34% | 6.01% | 2.87% | 87.93% | |
46 Neutral | AU$1.68B | 148.08 | 8.97% | 1.85% | 35.30% | 44.24% |
Magellan Financial Group Ltd has lodged an Appendix 3B with the ASX, notifying the market of a proposed issue of securities under Listing Rule 3.10.3. The filing indicates MFG’s intention to have the new securities quoted on ASX, subject to the usual application and documentation process, signaling potential upcoming capital or structural changes that may affect its listed security base.
While specific details of the securities, such as quantity or terms, are not disclosed in this extract, the move positions Magellan to access capital markets or adjust its capital structure as required. For stakeholders, the proposed issue highlights that changes to MFG’s equity on issue may be forthcoming, which could have implications for ownership dilution, liquidity, and future corporate activity once full terms are released.
The most recent analyst rating on (AU:MFG) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
Magellan Financial Group Ltd has lodged an Appendix 3B with the ASX outlining a proposed issue of securities, formally applying for quotation of the new securities on the exchange. The filing confirms that Magellan agrees to ASX’s terms for quoting the securities, including any deferred settlement trading, signaling a forthcoming capital markets transaction that may affect its capital structure and the tradable securities available to investors.
The most recent analyst rating on (AU:MFG) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
Magellan Financial Group has agreed to merge with Barrenjoey Capital Partners, creating a diversified Australian financial services group spanning investment management, corporate finance, equities, fixed income and capital markets. Barrenjoey has grown rapidly to $522 million in revenue and $108 million in adjusted NPATA over the 12 months to 31 December 2025, and is valued at A$1.616 billion on a 100% equity basis, implying a 15.0x P/E multiple before synergies.
To facilitate the transaction, Magellan will first increase its economic interest in Barrenjoey via a non-underwritten institutional share placement and a follow-on share purchase plan for eligible investors in Australia and New Zealand. Upon completion, Magellan will acquire all remaining Barrenjoey shares it does not already own by issuing 106.8 million new Magellan shares as consideration, with about A$903 million of implied value for the stake acquired.
All consideration shares issued to Barrenjoey parties will be subject to staggered vesting and escrow, with a weighted average restriction period of around 5.5 years, aligning employee and shareholder interests over the long term. The merger is intended to improve business diversification and resilience, enhance client offerings, support talent attraction and retention, and provide a stronger balance sheet for future growth.
The combined group will see a refreshed leadership structure, with David Gonski AC to become independent chair and Andrew Formica to serve as deputy chair after completion. Brian Benari will be appointed group chief executive officer, while Sophia Rahmani will continue to lead Magellan Investment Partners and Matthew Grounds and Guy Fowler will remain co-executive chairs of Barrenjoey, signalling continuity in key operating roles alongside enhanced governance.
The most recent analyst rating on (AU:MFG) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
Magellan Financial Group Ltd has requested an immediate trading halt in its securities on the ASX as it prepares to announce a proposed merger alongside a capital raising initiative. The halt is expected to remain in place until either the completion of an institutional placement is announced or normal trading resumes on 3 March 2026.
The planned capital raising will comprise an institutional placement and a share purchase plan, signalling a potentially significant reshaping of Magellan’s capital structure and strategic positioning. Investors and market participants will closely watch the forthcoming announcement for details of the merger terms and funding, which could influence the company’s growth trajectory and competitive standing in the asset management sector.
The most recent analyst rating on (AU:MFG) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
Magellan Financial Group Ltd and its related entities have notified Amotiv Limited that they have ceased to be a substantial holder in the company as of 29 January 2026, indicating that their voting interest has fallen below the substantial holding threshold. The change, formally lodged under section 671B of the Corporations Act, signals a reduction in Magellan’s exposure to Amotiv and may slightly alter the share register and voting dynamics of Amotiv, though no new associates or changes in association were disclosed.
The most recent analyst rating on (AU:MFG) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
Magellan Financial Group has scheduled the release of its financial results for the half year to 31 December 2025 on 18 February 2026, with materials to be published on the ASX announcements platform the same day. The company will host a webcast briefing for analysts and investors at 10:00am AEDT on the day of the announcement, led by CEO and Managing Director Sophia Rahmani and CFO Dean McGuire, with a Q&A session and a replay available on its website for 30 days, underscoring its ongoing efforts to maintain transparent engagement with the market and shareholders.
The most recent analyst rating on (AU:MFG) stock is a Buy with a A$10.00 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
Magellan Financial Group has notified the market of the cessation of several classes of equity-linked securities after performance or vesting conditions were not met by 31 December 2025. The lapsed instruments include matching awards, employee equity grants, long-term incentive plan rights, and a sizeable tranche of options expiring in 2027, collectively covering more than 479,000 securities, which will no longer convert into ordinary shares, slightly reducing potential future dilution for existing shareholders and highlighting the company’s tighter alignment of staff incentives with performance hurdles.
The most recent analyst rating on (AU:MFG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
Magellan Financial Group reported total assets under management (AUM) of A$39.9 billion as at 31 December 2025, down slightly from A$40.2 billion at 30 September 2025, reflecting modest net outflows and largely flat market and fee impacts. Retail AUM declined to A$15.8 billion, driven mainly by outflows from Magellan Global Equities and Magellan Global Listed Infrastructure strategies, while institutional AUM edged up to A$24.1 billion, supported by growth in Vinva Global and Australian Equities and Magellan Global Listed Infrastructure. The figures indicate a relatively stable overall asset base with a mild shift in mix between retail and institutional clients, which may be closely watched by investors as a gauge of Magellan’s distribution strength and product momentum across key strategies.
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.
Magellan Financial Group Limited has cancelled 110,854 ordinary fully paid shares as part of an on-market share buyback. The reduction in issued capital through this buyback may enhance earnings per share and capital management efficiency, signalling ongoing efforts to optimise the company’s balance sheet for shareholders.
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.
Magellan Financial Group Limited, an Australian-listed investment manager, focuses on global equity and infrastructure strategies for both institutional and retail clients, with its ordinary fully paid shares trading on the ASX under ticker MFG. The company has provided an update on its ongoing on-market share buy-back program, disclosing that a total of 17,924,619 shares had been repurchased prior to the latest reporting date, with a further 110,854 shares bought back on the previous trading day; this continued daily execution of the buy-back, originally notified in March 2022, signals ongoing capital management efforts that may support earnings per share and reflects management’s commitment to returning capital to shareholders.
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.
Magellan Financial Group Limited has cancelled 100,104 fully paid ordinary shares as part of its ongoing on-market buy-back program, effective 2 January 2026. The reduction in issued capital marginally increases ownership for remaining shareholders and underscores the company’s continued use of capital management initiatives to support shareholder value and optimise its balance sheet.
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.
Magellan Financial Group has provided a daily update on its ongoing on-market share buy-back, confirming that a total of 17,824,515 ordinary fully paid shares had been repurchased prior to the latest reporting day, with an additional 100,104 shares bought back on the previous day. The continued execution of this buy-back program, first announced in March 2022 and now updated to 31 December 2025, underscores the company’s active capital management strategy, potentially supporting earnings per share and signalling management’s view that its shares represent attractive value for existing shareholders.
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.
Magellan Financial Group Limited has announced the cessation of 160,000 ordinary fully paid shares following their cancellation under an on-market share buy-back, effective 31 December 2025. The reduction in issued capital through this buy-back is likely aimed at enhancing capital management efficiency and may marginally improve earnings per share for remaining shareholders, underscoring the company’s ongoing use of buy-backs as a tool to optimise its capital structure.
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.
Magellan Financial Group Ltd has provided an updated daily notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares. As of 30 December 2025, the company reported that it had repurchased a total of 17,664,515 shares before the previous day and bought back a further 160,000 shares on the previous trading day, indicating continued execution of a capital management strategy that may support earnings per share and signal confidence in the company’s valuation to shareholders.
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.
Magellan Financial Group Limited has announced the cessation of 160,000 ordinary fully paid shares following their cancellation under an on‑market share buyback completed on 30 December 2025. The reduction in issued capital through this buyback is likely aimed at enhancing capital management efficiency and may be incrementally accretive for remaining shareholders by consolidating ownership and potentially improving per‑share financial metrics.
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.
Magellan Financial Group Limited has continued its on-market share buy-back program for its ordinary fully paid shares, as disclosed in its latest Appendix 3C filing to the ASX. As of 29 December 2025, the company reported that it had repurchased a total of 17,504,515 shares prior to the previous trading day and bought back an additional 160,000 shares on the previous day, underscoring its ongoing capital management strategy and potential efforts to enhance shareholder value and manage its capital structure.
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.
Magellan Financial Group Limited has cancelled 160,000 ordinary fully paid shares as part of an on-market buy-back, effective 29 December 2025. The cessation of these securities reduces the company’s issued capital, which can be marginally accretive for remaining shareholders and reflects Magellan’s ongoing capital management strategy in the current market environment.
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.
Magellan Financial Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program involving its ordinary fully paid shares (ASX: MFG). As of this latest update dated 24 December 2025, the company reports that it has bought back a cumulative total of 17,344,515 shares prior to the previous day, with an additional 160,000 shares repurchased on the previous trading day, reflecting continued execution of the buy-back first notified in March 2022 and indicating ongoing capital management activity that reduces shares on issue and may support earnings per share for remaining investors.
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.
Magellan Financial Group Ltd has released its indicative key corporate dates for 2026, outlining the timetable for its half-year and full-year financial results announcements, investor briefings, dividend ex-dates, record and payment dates, as well as the date of its Annual General Meeting. The schedule, which remains subject to confirmation and potential updates via the ASX, provides shareholders and market participants with greater visibility over Magellan’s reporting and capital return calendar, supporting planning around earnings disclosures, income expectations and corporate governance engagement.
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.
Magellan Financial Group Limited has cancelled 160,000 ordinary fully paid shares as part of an on-market share buy-back program, effective 24 December 2025. The reduction in issued capital through this buy-back is likely to marginally enhance earnings per share and reflects ongoing capital management initiatives aimed at supporting shareholder value.
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.
Magellan Financial Group Limited has provided a daily update on its ongoing on-market share buy-back program, reporting that a total of 17,184,515 ordinary fully paid shares had been repurchased prior to the latest trading day, with an additional 160,000 shares bought back on the previous day. The continued execution of this buy-back, first notified in March 2022, underscores the company’s capital management strategy and may support earnings per share and capital efficiency for existing shareholders by reducing the number of shares on issue.
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.
Magellan Financial Group Limited has cancelled 160,000 ordinary fully paid shares as part of an on-market share buy-back, effective 23 December 2025. The reduction in issued capital through this buy-back may marginally enhance earnings per share and signals ongoing capital management efforts that could be viewed positively by investors monitoring the company’s balance sheet efficiency and shareholder returns.
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.
Magellan Financial Group Limited has provided an updated notification to the ASX regarding its ongoing on‑market share buy-back program for its ordinary fully paid shares. As of 22 December 2025, the company reports that it has repurchased a cumulative total of 17,184,515 shares, including 160,000 shares bought back on the previous trading day, indicating continued execution of a capital management strategy that can support earnings per share and signal management’s confidence in the business to shareholders and the market.
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.
Magellan Financial Group Limited has announced the cessation of 160,000 ordinary fully paid shares, which have been cancelled as part of an on-market share buy-back. The cancellation, effective 22 December 2025, reduces the company’s issued capital and is likely aimed at capital management and enhancing shareholder value by consolidating ownership among remaining investors.
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.
Magellan Financial Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares (MFG). As of 19 December 2025, the company reports that a total of 16,864,515 shares had been repurchased before the previous trading day, with an additional 160,000 shares bought back on the previous day, reflecting continued execution of the buy-back initially notified in March 2022 and subsequently updated on 18 December 2025. This daily update indicates Magellan’s sustained capital management activity, which can support earnings per share and signal confidence in the company’s valuation to shareholders and the broader market.
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.
Magellan Financial Group Limited has announced the cessation of 160,000 fully paid ordinary securities following an on-market buy-back which took place on December 19, 2025. This move reflects the company’s continued efforts to manage its capital structure effectively, potentially reinforcing shareholder value and maintaining its competitive positioning in the investment management industry.
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.
Magellan Financial Group Limited has issued a daily notification regarding its ongoing on-market share buy-back program, announcing the acquisition of 160,000 shares on the previous trading day. This initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value by managing its share count effectively.
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.
Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of December 16, 2025, the company has repurchased a total of 16,551,059 ordinary fully paid securities, with 116,012 bought back on the previous day. This buy-back initiative is part of Magellan’s strategy to manage its capital structure and potentially enhance shareholder value.
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.
Magellan Financial Group Ltd announced the cessation of 93,395 ordinary fully paid securities due to an on-market buy-back, effective December 16, 2025. This move is part of the company’s capital management strategy, which may impact its share value and investor perception by potentially enhancing shareholder value through the reduction of outstanding shares.
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.
Magellan Financial Group Ltd has announced an update regarding its ongoing share buy-back program. As of December 15, 2025, the company has repurchased a total of 16,341,652 shares, with an additional 93,395 shares bought back on the previous day. This strategic move is part of Magellan’s efforts to optimize its capital structure and potentially enhance shareholder value.
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.
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.
Magellan Financial Group Ltd has announced an update on its ongoing on-market buy-back program, with a total of 16,218,167 securities bought back before the previous day and an additional 123,485 securities bought back on the previous day. This buy-back activity is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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.
Magellan Financial Group Limited has announced a daily update on its ongoing on-market buy-back program, where it repurchased 40,000 ordinary fully paid securities on the previous day, adding to a total of 16,178,167 securities bought back to date. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to optimizing financial performance and market positioning.
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.
Magellan Financial Group Ltd announced the cessation of 40,000 ordinary fully paid securities through an on-market buy-back, effective December 12, 2025. This move is part of the company’s capital management strategy, potentially impacting its stock liquidity and shareholder value, while reflecting its ongoing efforts to optimize financial operations and enhance market positioning.
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.
Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of December 10, 2025, the company has repurchased a total of 16,178,167 ordinary fully paid securities, including 40,000 bought back on the previous day. This buy-back initiative is part of Magellan’s strategy to manage its capital structure and potentially enhance shareholder value.
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.
Magellan Financial Group Ltd has announced an update on its ongoing share buy-back program, with a total of 40,000 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 16,058,167 securities repurchased. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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.
Magellan Financial Group Ltd has announced an update regarding its ongoing on-market buy-back program. As of December 5, 2025, the company has repurchased a total of 16,058,167 ordinary fully paid securities, including 40,000 securities bought back on the previous day. This buy-back initiative is part of Magellan’s strategy to optimize its capital structure and enhance shareholder value.
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.