Company Information
Macquarie Group Limited (ASX: MQG)
Macquarie Group Limited is a multinational financial services company based in Australia, providing a variety of services including asset management, banking, wealth management, leasing, trading, and advisory services. The company is divided into four main segments:
- Macquarie Asset Management: This segment offers diverse investment options, including private market and public investment management.
- Banking and Financial Services: Focused on personal banking, business banking, wealth management services available to individual retail customers, financial advisors, and brokers.
- Commodities and Global Markets: Provides clients with services related to capital solutions, risk management, physical execution, and logistics.
- Macquarie Capital: Specializes in advisory and capital raising services.
Macquarie Group’s most recent figures show a total revenue of AUD 16.49 billion with a net income of AUD 3.39 billion. The company was incorporated in 2006 and has a workforce of approximately 20,670 employees. Despite revenue growth, the company’s net income experienced a fall of 32.03% year-on-year from AUD 5.18 billion to AUD 3.52 billion.
Top Australian Brokers
- City Index - Aussie shares from $5 - Read our review
- Pepperstone - Trading education - Read our review
- IC Markets - Experienced and highly regulated - Read our review
- eToro - Social and copy trading platform - Read our review
Macquarie Group Limited (ASX: MQG) Live Chart
Macquarie Group Limited (ASX: MQG) Forecast
Wall Street analysts have provided price forecasts for Macquarie Group Limited for the next 12 months, with an average target of AU$192.80. Predictions range from a low of AU$161.00 to a high of AU$225.00. This average price target suggests a modest increase of 1.69% from the company’s last traded price of AU$189.60.
Latest Macquarie Group Limited News
Macquarie Group Limited (ASX: MQG) Performance
Macquarie Group Limited (ASX: MQG) Fundamentals
Macquarie Group Limited (ASX: MQG) Competitors
Don’t Buy Just Yet
You will want to see this before you make any decisions.
Before you decide which shares to add to your portfolio you might want to take a look at this special report we recently published.
Our experts picked out The 5 best ASX shares to buy in 2024.
We’re giving away this valuable research for FREE.
Click below to secure your copy
