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Macquarie Group Limited ( (AU:MQG) ) has shared an update.
Macquarie Group Limited has announced a change in its substantial holding in Nine Entertainment Co. Holdings Limited, reducing its voting power from 11.87% to 7.69%. This adjustment in holdings may impact Macquarie’s influence over Nine Entertainment’s decisions and reflects a strategic shift in its investment portfolio, potentially affecting stakeholders and market perceptions.
The most recent analyst rating on (AU:MQG) stock is a Hold with a A$191.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.
More about Macquarie Group Limited
Macquarie Group Limited is a global financial services group providing a diverse range of services including asset management, banking, advisory, and risk and capital solutions across debt, equity, and commodities. The company operates in various markets worldwide, focusing on delivering innovative solutions to its clients.
Average Trading Volume: 902,280
Technical Sentiment Signal: Buy
Current Market Cap: A$74.56B
For an in-depth examination of MQG stock, go to TipRanks’ Stock Analysis page.