MFG magellan financial group limited

Magellan upgradedBy Emma KoehnShares in Magellan Financial Group...

  1. 5,953 Posts.
    lightbulb Created with Sketch. 281

    Magellan upgraded

    By Emma Koehn

    Shares in Magellan Financial Group are up 7.2 per cent to $51 just after 2:00pm, making it the leading large-cap mover for the session so far.

    The wealth manager was upgraded by Macquarie to ‘Outperform’ this morning, and revealed net inflows of $223 million in January, of which $85 million was from retail investors and $137 million was institutional inflows.

    “MFG’s strong brand and performance track record should continue to drive inflows and we see the recent pull back as an attractive entry opportunity. Upgrade to Outperform,” Macquarie analysts said.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$10.54
Change
-0.340(3.13%)
Mkt cap ! $1.812B
Open High Low Value Volume
$10.80 $10.84 $10.44 $9.556M 901.1K

Buyers (Bids)

No. Vol. Price($)
1 5000 $10.50
 

Sellers (Offers)

Price($) Vol. No.
$10.56 250 1
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.