Macquarie Group’s (MQBKY) Sell Rating Reiterated at The Goldman Sachs Group

The Goldman Sachs Group reaffirmed their sell rating on shares of Macquarie Group (OTCMKTS:MQBKY) in a research report sent to investors on Tuesday morning, MarketBeat Ratings reports.

Several other equities analysts have also recently weighed in on MQBKY. UBS Group raised Macquarie Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. Zacks Research lowered Macquarie Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Macquarie Group has a consensus rating of “Hold”.

Macquarie Group Trading Down 0.1%

Shares of MQBKY stock opened at $164.73 on Tuesday. Macquarie Group has a 1 year low of $116.92 and a 1 year high of $178.01. The stock has a 50 day simple moving average of $149.01 and a 200 day simple moving average of $142.82.

About Macquarie Group

Macquarie Group is a diversified financial services and asset management company headquartered in Sydney, Australia. Founded in 1969 as Hill Samuel Australia, it was granted its banking licence in 1985 and adopted the Macquarie name shortly thereafter. Over the decades, the firm has grown from a domestic brokerage operation into a global institution, offering a wide range of services across banking, advisory, investment and funds management.

The company operates through four core business segments: Macquarie Asset Management, Banking and Financial Services, Commodities and Global Markets, and Macquarie Capital.