Macquarie share price

What are your thoughts on a target buy-in price for Macquarie?

A: Thanks for the question on Macquarie.


To be honest, I liked Macquarie a lot better (as a stock) a few years ago when the market was talking about "break-up" value and the share price was touching $20.00. I am not such a huge fan at the current levels.


That said, the consensus target price from the broker analysts (according to FN Arena) is $60.40, and I guess if you look at recent trading levels, around the $53.00/$54.00 level would look like a reasonable entry point.



Read Answer