Citigroup Lowers Macquarie Group (OTCMKTS:MQBKY) to Strong Sell

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

Macquarie Group Stock Down 0.7 %

MQBKY opened at $156.99 on Friday. Macquarie Group has a one year low of $100.27 and a one year high of $165.98. The stock’s 50 day moving average price is $149.32 and its 200-day moving average price is $136.67.

Macquarie Group Company Profile

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.