Tomorrow is going to be interesting.....
COMMODITY, INVESTMENT BANK UPGRADES
Sydney-based Macquarie said it now expected its commodity business to be “in line” with the previous year in the second half of fiscal 2022, instead of “significantly down” as previously forecast.
Gains from asset sales at its investment banking unit would be “significantly up”, it added, without providing guidance for the group as a whole.
“This is likely lead to significant upgrades,” Citigroup banking analyst Brendan Sproules said.
News over the weekend....
Citigroup upgraded Macquarie's rating to a buy and increased its target price for the stock by 13% following its first half profit result, according to a note published on the weekend.
The bank also said it would raise its forecasts for Macquarie's earnings by 17% for 2022 and about 10% for the following two financial periods.
Tomorrow is going to be interesting..... COMMODITY, INVESTMENT...
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Last
$204.68 |
Change
0.340(0.17%) |
Mkt cap ! $78.19B | |||
| Open | High | Low | Value | Volume |
| $205.00 | $205.00 | $203.73 | $128.5M | 628.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4146 | $204.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $204.80 | 300 | 1 |
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| MQG (ASX) Chart |