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Marex Group plc (MRX) Receives a Buy from Goldman Sachs

Tipranks - Tipranks - Wed Jul 1, 11:50AM CDT

Goldman Sachs analyst Alexander Blostein maintained a Buy rating on Marex Group plc yesterday and set a price target of $62.00.

End of Quarter Sale - 70% Off

According to TipRanks, Blostein is a 5-star analyst with an average return of 16.5% and a 67.07% success rate. Blostein covers the Financial sector, focusing on stocks such as Bank of New York Mellon, Marketaxess Holdings, and State Street.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Marex Group plc with a $62.00 average price target.

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Based on Marex Group plc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.13 billion and a net profit of $231.5 million. In comparison, last year the company earned a revenue of $2.15 billion and had a net profit of $115.1 million

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