MFG average forecast EPS for 2022 FY is 2.70 . To achieve this target the required FUM is approximately A$ 115B. MFG have almost got that amount as at June 2021. If there is no upheaval in the market and Aussie $ remains around 75/76 cents MFG will do much better than the average estimate of various brokers. These estimates have very little performance fees and no returns yet from principal investments. it has room for upside returns for next 2 to 3 years. Only threat is US interest rate going up sharply if inflation kicks in.
News: MFG Magellan Financial Total FUM As At 31 May A$109,934 Mln, page-10
Add MFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.07 |
Change
0.520(6.08%) |
Mkt cap ! $1.639B | |||
| Open | High | Low | Value | Volume |
| $8.73 | $9.15 | $8.71 | $11.01M | 1.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2471 | $9.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.08 | 2361 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |