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.
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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.
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