Macquarie Group (OTCMKTS:MQBKY) Upgraded by The Goldman Sachs Group to “Strong Sell” Rating

Macquarie Group (OTCMKTS:MQBKY) was upgraded by research analysts at The Goldman Sachs Group to a “strong sell” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Separately, Zacks Research lowered shares of Macquarie Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 22nd. One investment analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Macquarie Group has an average rating of “Sell”.

Macquarie Group Trading Down 2.4%

Macquarie Group stock opened at $142.34 on Thursday. Macquarie Group has a 52 week low of $98.20 and a 52 week high of $161.70. The firm’s 50-day simple moving average is $144.57 and its 200 day simple moving average is $137.22.

About Macquarie Group

Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.