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.
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MFG
magellan financial group limited
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3.13%
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$10.54

Magellan upgradedBy Emma KoehnShares in Magellan Financial Group...
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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. |
---|---|---|
$10.56 | 250 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 10.500 |
1 | 1000 | 10.470 |
1 | 1000 | 10.450 |
1 | 4359 | 10.440 |
3 | 3489 | 10.430 |
Price($) | Vol. | No. |
---|---|---|
10.560 | 250 | 1 |
10.580 | 200 | 1 |
10.690 | 118 | 1 |
10.750 | 3000 | 1 |
10.760 | 93 | 1 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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MFG (ASX) Chart |