Macquarie Group: Buy
Macquarie Group is showing positive momentum after creating a higher low at $160.
Macquarie Group is showing positive momentum after creating a higher low at $160.
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Macquarie Group is under Algo Engine buy conditions and is a current holding in our model portfolio.
Macquarie Group (MQG.AX) has provided an update on its guidance, in which it now expects 1H22 NPAT to be slightly down on 2H21.
The is a positive relative to the negative expectations that the market had for earnings to be down 10 – 15%.
A good outcome for the full year FY22 will be flat on FY21, which places MQG on 21x earnings and 3% dividend yield.
Macquarie Group is now under Algo Engine buy conditions following the recent price retracement from $162 down to $148.
We see further upside for the Macquarie share price and the stock remains our preferred sector allocation.
Macquarie Group is now under Algo Engine buy conditions following the recent price retracement from $162 down to $148.
We see further upside for the Macquarie share price and the stock remains our preferred sector allocation.
Macquarie Group is now under Algo Engine buy conditions following the recent price retracement from $162 down to $148.
Macquarie Group recently announced a net profit after tax attributable to ordinary shareholders of $3.01bn for the year ended 31 March 2021 (FY21), up 10 percent on the year ended 31 March 2020 (FY20).
Macquarie Group is now under Algo Engine buy conditions following the recent price retracement from $162 down to $148.
Macquarie Group recently announced a net profit after tax attributable to ordinary shareholders of $3.01bn for the year ended 31 March 2021 (FY21), up 10 percent on the year ended 31 March 2020 (FY20).
Macquarie Group is now under Algo Engine buy conditions following the recent price retracement from $162 down to $148.
Macquarie Group recently announced a net profit after tax attributable to ordinary shareholders of $3.01bn for the year ended 31 March 2021 (FY21), up 10 percent on the year ended 31 March 2020 (FY20).
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