Macquarie Group Limited Receives Outperform Rating from Credit Suisse (MQG)
Macquarie Group Limited (ASX:MQG)‘s stock had its “outperform” rating reiterated by equities researchers at Credit Suisse in a research report issued on Sunday. They currently have a $65.00 price objective on the stock.
Shares of Macquarie Group Limited (ASX:MQG) traded down 1.50% on Friday, hitting A$58.620. The stock had a trading volume of 3,185,713 shares. Macquarie Group Limited has a 52-week low of A$41.6482 and a 52-week high of A$61.270. The stock has a 50-day moving average of A$59.97 and a 200-day moving average of A$57.38. The company has a market cap of A$17.323 billion and a price-to-earnings ratio of 16.12.
Separately, analysts at Macquarie downgraded shares of Macquarie Group Limited to a “hold” rating in a research note on Monday, May 5th.
Macquarie Group Limited acts as a non-operating holding company (ASX:MQG).
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