Macquarie Group (OTCMKTS:MQBKY) Given “Sell” Rating at The Goldman Sachs Group

The Goldman Sachs Group reaffirmed their sell rating on shares of Macquarie Group (OTCMKTS:MQBKY) in a report published on Tuesday morning, Marketbeat Ratings reports.

MQBKY has been the topic of a number of other reports. Zacks Research cut shares of Macquarie Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. UBS Group raised shares of Macquarie Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Macquarie Group Price Performance

Shares of OTCMKTS MQBKY opened at $168.40 on Tuesday. The company’s fifty day moving average is $148.65 and its 200-day moving average is $142.51. Macquarie Group has a twelve month low of $116.21 and a twelve month high of $178.01.

Macquarie Group Company Profile

Macquarie Group is a diversified financial services and asset management company headquartered in Sydney, Australia. Founded in 1969 as Hill Samuel Australia, it was granted its banking licence in 1985 and adopted the Macquarie name shortly thereafter. Over the decades, the firm has grown from a domestic brokerage operation into a global institution, offering a wide range of services across banking, advisory, investment and funds management.

The company operates through four core business segments: Macquarie Asset Management, Banking and Financial Services, Commodities and Global Markets, and Macquarie Capital.