Still waiting. But I think it's meant to be Mirvac Group after reflecting on it for a while.
3 main reasons:
1. M and N are very close on the keyboard - somebody could have tried to type in MGR (Mirvac) and accidentally pressed NGR which auto-populated the wrong company name.
2. MGR's current price is about $2.15 - meaning Macquarie's price target of $2.38 is much closer to reality.
3. To the best of my knowledge, no institution or banks realistically have the time or inclination to provide analyst coverage on a company that is below a 10 million market cap.
