MFG magellan financial group limited

Price Target Increased on Magellan FG, page-13

  1. 305 Posts.
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    no I'm not shorting this, I'm not suggesting this is cheap or expensive atm but given a rising oil price is a major headwind for outperformance of the index as they have no exposure to the energy sector and a rising oil price will push the AUD up. I'm not sure what will drive revenue up but given there ashes sponsorship and increasing distribution team expenses. this will put pressure on there underlying earnings. I'm also not sure any financial planner will recommend a stock that has unreliable performance due to a volatile currency as you put it??
 
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(20min delay)
Last
$8.49
Change
0.000(0.00%)
Mkt cap ! $1.461B
Open High Low Value Volume
$8.50 $8.67 $8.48 $3.088M 361.0K

Buyers (Bids)

No. Vol. Price($)
1 1950 $8.48
 

Sellers (Offers)

Price($) Vol. No.
$8.59 5048 2
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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