Macquarie Group (OTCMKTS:MQBKY) Cut to Strong Sell at Citigroup

Citigroup lowered shares of Macquarie Group (OTCMKTS:MQBKY) from a hold rating to a strong sell rating in a research note released on Sunday, Zacks.com reports.

Macquarie Group Price Performance

Shares of Macquarie Group stock opened at $156.99 on Friday. The business has a 50-day simple moving average of $149.32 and a 200-day simple moving average of $136.67. Macquarie Group has a one year low of $100.27 and a one year high of $165.98.

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.