The Goldman Sachs Group upgraded shares of Macquarie Group (OTCMKTS:MQBKY – Free Report) from a strong sell rating to a hold rating in a research report released on Tuesday,Zacks.com reports.
Macquarie Group Stock Performance
Shares of MQBKY stock opened at $138.61 on Tuesday. The company’s fifty day moving average price is $133.16 and its 200-day moving average price is $140.95. Macquarie Group has a one year low of $98.20 and a one year high of $157.45.
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.
See Also
- Five stocks we like better than Macquarie Group
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Look who’s buying 2 tonnes of gold… per week!
- Virtually Unknown AI Company Solving Trillion-Dollar Problem
- Do not delete, read immediately
- How a Family Trust May Be Able To Help Preserve Your Wealth
Receive News & Ratings for Macquarie Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Macquarie Group and related companies with MarketBeat.com's FREE daily email newsletter.
