There is not much signs of growth around..................but
Macquarie Group
If you are bullish on the prospects for global economic growth then Macquarie Group Ltd(ASX: MQG) could be a worthwhile investment. That’s because the share price performance of the investment bank and fund manager is relatively closely tied to the performance of the wider index – especially since shares in the company have a beta of 1.1.
With Macquarie’s bottom line expected to rise by 14.5% in the current year, and by a further 5.8% next year, its growth prospects remain strong. The bank’s shares trade on a PEG ratio of 1.5, which seems to offer the scope for a continuation of the 6% gain they have made in the last three months.
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Last
$202.82 |
Change
-1.570(0.77%) |
Mkt cap ! $77.67B | |||
| Open | High | Low | Value | Volume |
| $205.30 | $205.39 | $201.91 | $147.4M | 726.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6405 | $202.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $202.86 | 65 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| MQG (ASX) Chart |