Macquarie Group Limited Stock Rating Reaffirmed by Nomura (MQG)
Macquarie Group Limited (ASX: MQG)‘s stock had its “neutral” rating restated by equities researchers at Nomura in a report issued on Thursday. They currently have a $36.46 (35 AUD) target price on the stock.
Macquarie Group Limited traded down 0.36% on Thursday, hitting A$38.500. Macquarie Group Limited has a 1-year low of A$21.220 and a 1-year high of A$30.170. The stock’s 50-day moving average is currently A$28.94.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Macquarie Group Limited in a research note to investors on Friday, January 25th. They now have a $36.46 price target on the stock. Separately, analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Macquarie Group Limited in a research note to investors on Tuesday, January 22nd. They now have a $38.20 price target on the stock.
Macquarie Group Limited acts as a non-operating holding company (NOHC). The Company operates in eight segments: Macquarie Funds Group, Corporate and Asset Finance, Banking and Financial Services Group, Macquarie Securities Group, Macquarie Capital, Fixed Income, Currencies and Commodities, Real Estate Banking Division and Corporate.
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