ASX:GQGCapital Markets
Assessing GQG Partners (ASX:GQG) Valuation After Macquarie Downgrade And Fund Outflow Concerns
Macquarie’s downgrade of GQG Partners (ASX:GQG) to neutral, alongside a 25% cut to its target price and concerns about ongoing fund outflows, has sharpened investor focus on the asset manager’s recent fund performance.
See our latest analysis for GQG Partners.
At a share price of A$1.57, GQG’s recent 1 month share price return of an 11.55% decline and year to date share price return of a 10.80% decline suggest momentum has cooled, even though the 3 year total shareholder return of 33.95% is...