MAGELLAN FINANCIAL GROUP LIMITED (MFG)
AI Coverage Rating: Moderate
ASX AI Signals has generated 1 signal(s) for MFG during the last 90 days,
indicating Moderate trading activity
Latest MFG Signals |
| 07/05/2026 | SELL |
| 21/03/2026 | BUY |
| 20/03/2026 | BUY |
MFG Share Price |
| Current Price | $10.630 |
| 52 Week High | $11.550 |
| 52 Week Low: | $7.720 |
| Trading at (% of 52 Week High) | 92.03% |
Volume
506023
20 Day Avg
958147
Relative Volume
52.8%
Business Overview
Magellan Financial Group Limited (ASX: MFG) is an Australian investment management company specializing in global equities and infrastructure funds. The company manages investments on behalf of institutions and individual investors, focusing on long-term wealth creation. Magellan also provides a range of financial products and services.
ASX Sector Overview
Sector: Financial Services
The Financial Services sector on the ASX includes companies involved in banking, insurance, asset management, and financial technology. These firms provide essential services such as lending, wealth management, payment solutions, and risk protection. The sector plays a critical role in supporting economic growth by facilitating capital flow and managing financial risks. It is made up of both traditional banks and emerging fintech firms that offer innovative financial products.
Latest AI Recommendation
The SELL recommendation for MAGELLAN FINANCIAL GROUP LIMITED (MFG) is supported by technical indicators suggesting downward momentum and potential valuation concerns amid market volatility. However, the confidence is moderated by the company's historically strong financial position and dividend yield, which may provide some downside support.
Latest MAGELLAN FINANCIAL GROUP LIMITED(MFG) News
30 May 2026, 12:17 AM
Dell Technologies revenue is growing at an accelerating pace as demand soars for hardware that powers artificial intelligence. For the fiscal first-quarter, the PC and server maker reported adjusted earnings of $4.86 per share on revenue of $43.8 billion. In the same period last year, Dell posted ad
13 May 2026, 06:34 AM
Intel stock and shares of other semiconductor companies closed lower Tuesday after yesterday’s rally sent many of them to record highs. “A mildly risk-off tone has taken over after Monday’s record close,” Mizuho’s Managing Director of Equity Trading, Daniel O’Regan, wrote in a Tuesday morning note.
13 May 2026, 01:44 AM
Intel stock and shares of other semiconductor companies were falling back Tuesday morning after a Monday rally that sent many of them to record highs. “A mildly risk-off tone has taken over after Monday’s record close,” Mizuho’s Managing Director of Equity Trading, Daniel O’Regan, wrote in a Tuesday
29 Apr 2026, 09:03 PM
The stock has slumped this year, seesawing on news of how much the government plans to pay insurers that operate Medicare Advantage health plans for seniors.
Continue Reading
28 Apr 2026, 05:14 AM
Adobe stock was down Monday after a Mizuho analyst downgraded shares of the creative software company, citing concerns that growth will remain pressured due to continued competitive pressures. Gregg Moskowitz downgraded shares of Adobe to Neutral from Outperform and cut his price target to $270 from
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