Macquarie Looking to Capitalise on Strong Profits
Macquarie Group isn’t worried about the prospect of rising interest rates, hitching a $1.5 billion capital raising to a very solid interim result of a $2.04 billion net profit.
Read More
Macquarie Group Limited
Macquarie is a diversified financial group providing clients with asset management and finance, banking, advisory and risk and capital solutions across debt, equity and commodities.
The diversity of our operations, combined with a strong capital position and robust risk management framework, has contributed to our 50-year record of unbroken profitability.
Spotlight Videos
What’s The Best Bank To Own Post The Royal Commission?
All Macquarie Group Limited Content
News
Mac Bank Touches All-Time High on Guidance
Macquarie Group shares hit a new record yesterday after the investor and investment bank revealed that first half profit could be close to $2 billion for the six months to September 30.
Read More
AMP Flicks GEFI Assets to Macquarie
AMP continues to slim itself, announcing the sale of AMP Capital’s global equities and fixed income (GEFI) business to Macquarie Asset Management in a deal worth $185 million.
Read More
Solid Earnings, Big Dividend from Mac Bank
Macquarie Group has lifted final dividend by a massive 86% to $3.55 a share after riding the recovery in equities, bonds and commodities markets to a 10% rise in earnings for the year.
Read More
Macquarie Sent to the Naughty Chair by APRA
Macquarie Group has been hit hard by APRA, the key financial regulator which has imposed a massive half a billion extra capital charge and other penalties for two years of breaches.
Read More
Analyst Views
MQG – Morgans rates the stock as Hold
Morgans raises its target price to $200 from $181.1 due to a lift in long-term growth assumptions and a valuation adjustment. The Hold rating is unchanged after a strong recent share price rally.
Read More
MQG – Morgans rates the stock as Hold
With the stock running hard and now trading on 20x FY22 PE it is close to fair value and the broker downgrades to Hold from Add. Target is raised to $181.10 from $172.30.
Read More
MQG – Citi rates the stock as Sell
Citi maintains a Sell rating as the valuation and expectations appear stretched near-term. Despite this, Citi raises the target to $140 from $125.
Read More
MQG – Morgans rates the stock as Add
Macquarie Group has upgraded recent guidance for profit (NPAT) to be “slightly down on FY20” to now “up around 5%-10%” on pcp. Morgans' Add rating is unchanged and the target price increased to $162.3 from $147.
Read More
