MQG has been a slight laggard so far this year due to a few operational issues across the group concerning investors but it’s currently a rarity in the group trading on the cheaper side compared to recent years. Recent volatility across financial markets should suit its trading division and we see it eventually punching up towards $250 when see a more risk-accepting attitude towards the market and sector. Still, while we believe it will happen, it might take months for some performance catch-up to unfold, but it remains solid value around $200, in our opinion.
- We are targeting new highs for MQG through 2025: MM holds MQG in its Active Growth Portfolio.