While Marex Group Plc has overperformed by 0.11%, investors are advised to look at stock chart patterns for technical insight.
On November 21, 2024, HSBC Securities started tracking Marex Group Plc (NASDAQ: MRX) recommending Buy. UBS also rated MRX shares as ‘Buy’, setting a target price of $27 on the company’s shares in an initiating report dated May 20, 2024. Piper Sandler Initiated an Overweight rating on May 20, 2024, and assigned a price target of $27. Keefe Bruyette initiated its ‘Outperform’ rating for MRX, as published in its report on May 20, 2024. Jefferies’s report from May 20, 2024 suggests a price prediction of $24 for MRX shares, giving the stock a ‘Buy’ rating. Goldman also rated the stock as ‘Buy’.
Analysis of Marex Group Plc (MRX)
A return on investment can be expected regardless of MRX’s performance over the next quarter with the dividend set at $0.28 per share.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and MRX is recording an average volume of 347.00K. On a monthly basis, the volatility of the stock is set at 4.92%, whereas on a weekly basis, it is put at 6.13%, with a loss of -1.57% over the past seven days. Furthermore, long-term investors anticipate a median target price of $39.86, showing growth from the present price of $36.27, which can serve as yet another indication of whether MRX is worth investing in or should be passed over.
How Do You Analyze Marex Group Plc Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 56.45%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 37.83% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
MRX shares are owned by institutional investors to the tune of 37.83% at present.
