Marex Group plc (MRX)
NASDAQ: MRX · Real-Time Price · USD
29.67
+0.76 (2.63%)
Nov 21, 2024, 4:00 PM EST - Market closed
Marex Group Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Marex Group stock have an average target of 31, with a low estimate of 24 and a high estimate of 34. The average target predicts an increase of 4.48% from the current stock price of 29.67.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Marex Group stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 5 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HSBC | HSBC | Strong Buy Initiates $33 | Strong Buy | Initiates | $33 | +11.22% | Nov 21, 2024 |
| Barclays | Barclays | Buy Maintains $30 → $32 | Buy | Maintains | $30 → $32 | +7.85% | Nov 8, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $30 → $33 | Buy | Maintains | $30 → $33 | +11.22% | Nov 8, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $30 → $32 | Buy | Maintains | $30 → $32 | +7.85% | Nov 8, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $34 | Strong Buy | Initiates | $34 | +14.59% | Nov 6, 2024 |
Financial Forecast
Revenue This Year
1.56B
from 1.88B
Decreased by -17.17%
Revenue Next Year
1.64B
from 1.56B
Increased by 5.45%
EPS This Year
2.96
from 2.41
Increased by 22.57%
EPS Next Year
2.98
from 2.96
Increased by 0.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 1.8B | 2.0B |
| Avg | 1.6B | 1.6B | 1.8B |
| Low | 1.5B | 1.5B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -12.8% | 15.1% | 22.8% |
| Avg | -17.2% | 5.5% | 9.7% |
| Low | -21.4% | -1.8% | 0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.18 | 3.33 | 4.18 |
| Avg | 2.96 | 2.98 | 3.46 |
| Low | 2.74 | 2.77 | 3.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.0% | 12.6% | 40.3% |
| Avg | 22.6% | 0.8% | 16.2% |
| Low | 13.8% | -6.2% | 5.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.