The stock of Macquarie Group Ltd (ASX:MQG) is a huge mover today! The stock increased 1.04% or $0.86 on November 18, hitting $83.71. About 1.14M shares traded hands. Macquarie Group Ltd (ASX:MQG) has risen 24.85% since April 22, 2016 and is uptrending. It has outperformed by 20.42% the S&P500.
The move comes after 7 months positive chart setup for the $28.66B company. It was reported on Nov, 18 by Barchart.com. We have $111.33 PT which if reached, will make ASX:MQG worth $9.46B more.
More important recent Macquarie Group Ltd (ASX:MQG) news were published by: Fool.com.Au which released: “Why Macquarie Group Ltd wants to buy Central Petroleum Limited” on November 14, 2016, also Reuters.com published article titled: “BRIEF-Macquarie Group ltd announces A$1.050 billion half-year profit”, Fool.com.Au published: “Macquarie Group Ltd dividend surges, what you need to know” on October 27, 2016. More interesting news about Macquarie Group Ltd (ASX:MQG) was released by: Bloomberg.com and their article: “Macquarie Group Profit Beats Estimates on Asset Sales” with publication date: October 27, 2016.
Macquarie Group Limited is a holding company, which provides financial services. The company has a market cap of $28.66 billion. The Company, through its subsidiaries, provides banking, financial, advisory, investment and funds management services. It has a 14.06 P/E ratio. It is divided into six operating groups and a corporate segment.
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