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Barclays Sticks to Their Buy Rating for Marex Group plc (MRX)

Tipranks - Tipranks - Tue Mar 24, 3:02AM CDT

Barclays analyst Benjamin Budish maintained a Buy rating on Marex Group plc today and set a price target of $50.00.

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According to TipRanks, Budish is a 5-star analyst with an average return of 7.9% and a 55.05% success rate. Budish covers the Financial sector, focusing on stocks such as Robinhood, Coinbase Global, and Interactive Brokers.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Marex Group plc with a $54.80 average price target.

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Based on Marex Group plc’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $500.1 million and a net profit of $76.7 million. In comparison, last year the company earned a revenue of $740 million and had a net profit of $102.9 million

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