Company Overview: Macquarie Group Limited (ASX: MQG) is an Australia-based global financial services company. It specializes in asset management, retail and business banking, and wealth management. The other segments in which the company operate are leasing and asset financing, market access, commodity trading, renewables development, specialist advice, access to capital and principal investment. Kalkine’s Daily Report covers the Key Financial Metrics, Risks, Outlook, and Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.

Section 1.0: Key Metrics in Pictures

Having looked at the key financial metrics above the below sections provide an in-depth fundamental, and technical analysis on this Financial Services stock along with recommendation, technical support, and resistance level & indicative stop-loss.

Section 2.0: Macquarie Group Limited (‘Buy’ at AUD 203.310, closing market price per share as on 9 May 2025)

2.1 Company Details

2.2 Technical Summary & Stock Recommendation

The stock has witnessed a dip of ~11.59% in the last 3 months, and over the past six months, it has decreased by ~11.04%. The stock has a 52-week low and 52-week high of AUD 160.0 and AUD 242.9, respectively, and is currently trading above the 52-week high-low average. MQG was last covered in a report dated ‘28 March 2025’.

Markets are trading in a highly volatile zone currently due to certain macro-economic issues and geopolitical issues prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is neither an Indicator nor a guarantee of future performance. 

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 9 May 2025. The reference data in this report has been partly sourced from REFINITIV. 

Note 3: Investment decisions should be made depending on an individual’s appetite for upside potential, risks, holding duration, and any previous holdings. An ‘Exit’ from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above. 

Note 4: Kalkine reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice. 

Technical Indicators Defined: - 

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock. 

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock. 

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.