Macquarie Group (OTCMKTS:MQBKY) Downgraded by Citigroup

Macquarie Group (OTCMKTS:MQBKY) was downgraded by stock analysts at Citigroup from a “hold” rating to a “strong sell” rating in a research report issued on Sunday, Zacks.com reports.

Macquarie Group Price Performance

MQBKY opened at $156.99 on Friday. Macquarie Group has a 12 month low of $100.27 and a 12 month high of $165.98. The stock has a fifty day moving average price of $149.32 and a 200-day moving average price of $136.67.

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.