Over many years most analysts recommendations on Magellan have been either Neutral or to the downside. Thankfully I do my own research and invest for the long term and continue to add more shares in this exceptional business when its on sale.
I do wonder if the Funds Industry being a competitor to Brokers has any impact on the ratings provided for MFG and its peers?
With thanks to FNArena below is a snapshot of Broker Recommendations on this website today:
Be interesting to check in on MFG's market price verses these target price in coming months...
Over many years most analysts recommendations on Magellan have...
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Last
$9.76 |
Change
-0.050(0.51%) |
Mkt cap ! $1.764B | |||
| Open | High | Low | Value | Volume |
| $9.63 | $9.77 | $9.63 | $2.785M | 286.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 928 | $9.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.77 | 2144 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |