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
$8.48 |
Change
0.000(0.00%) |
Mkt cap ! $1.532B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 410 | $8.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.64 | 1467 | 3 |
View Market Depth
| Last trade - 09.44am 02/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |
Day chart unavailable