Citigroup resumed coverage on Marex Group plc with a new price target
$MRX
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Citigroup resumed coverage of Marex Group plc with a rating of Buy and set a new price target of $34.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/10/2025 | $33.00 → $36.00 | Buy → Hold | HSBC Securities |
| 11/21/2024 | $33.00 | Buy | HSBC Securities |
| 11/6/2024 | $34.00 | Buy | Citigroup |
| 5/20/2024 | $33.00 | Buy | Goldman |
| 5/20/2024 | $25.00 | Overweight | Barclays |
| 5/20/2024 | $27.00 | Overweight | Piper Sandler |
| 5/20/2024 | $27.00 | Buy | UBS |
| 5/20/2024 | $24.00 | Buy | Jefferies |
144 - Marex Group plc (0001997464) (Subject)
144 - Marex Group plc (0001997464) (Subject)
6-K - Marex Group plc (0001997464) (Filer)
LONDON, June 05, 2025 (GLOBE NEWSWIRE) -- Marex Group plc ((‘Marex' or the ‘Group', NASDAQ:MRX), the diversified global financial services platform, today announces that it has agreed to acquire Agrinvest Commodities, a Brazilian agricultural commodities business. This acquisition will expand Marex's operations in the Americas and add new capabilities and clients to diversify earnings. Agrinvest acts as an agent connecting buyers and sellers in physical agricultural markets including corn and soybeans. It also provides its clients with consulting support to understand their hedging options and commercial strategies within these agricultural markets. Acquiring Agrinvest gives Marex physic
NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) -- Marex Group plc (NASDAQ:MRX) ("Marex"), the diversified global financial services platform, announces that it will be participating in a fireside chat at Piper Sandler's Global Exchange & Trading Conference. The presentation will be given by Ian Lowitt, Group Chief Executive Officer and will take place on Thursday, June 5th at 8:00 a.m. ET. The event will be available via webcast and can be accessed here: https://www.wsw.com/webcast/pipersandler44/marx/2943128 About Marex:Marex Group plc (NASDAQ:MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across en
LONDON, May 15, 2025 (GLOBE NEWSWIRE) -- Marex Group Plc (NASDAQ:MRX), the diversified global financial services platform, announces today that Roger Nagioff has stepped down from the Group Board. Roger represented private equity investors on the Board. Before Marex's initial public offering (IPO) on Nasdaq in April 2024, private equity shareholders including JRJ Group held around 96% of Marex stock. Following the IPO and two successful secondary follow-on offerings, private equity owners now hold around 30% of Marex stock. Roger was a member of the Board for 15 years and is a founding partner of JRJ Group. A process is underway to find a new member of the Group Board. He was a membe
LONDON, June 05, 2025 (GLOBE NEWSWIRE) -- Marex Group plc ((‘Marex' or the ‘Group', NASDAQ:MRX), the diversified global financial services platform, today announces that it has agreed to acquire Agrinvest Commodities, a Brazilian agricultural commodities business. This acquisition will expand Marex's operations in the Americas and add new capabilities and clients to diversify earnings. Agrinvest acts as an agent connecting buyers and sellers in physical agricultural markets including corn and soybeans. It also provides its clients with consulting support to understand their hedging options and commercial strategies within these agricultural markets. Acquiring Agrinvest gives Marex physic
LONDON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Marex Group Plc (NASDAQ:MRX), the diversified global financial services platform, today announces the completion of its acquisition of Dropet, a Spanish biofuels company, expanding its range of renewables products as it continues to grow its global environmental products business. The acquisition is aligned with Marex's strategy to diversify its business and increase earnings resilience. Dropet offers execution services for both physical and paper biofuels products across Europe, Latin America, the Middle East and Africa. It has more than 18 years' experience in physical ethanol and related biofuel products, as well as exchange-traded ethanol pr
LONDON, June 18, 2024 (GLOBE NEWSWIRE) -- Marex Group Plc (NASDAQ:MRX), the diversified global financial services platform, has appointed Liz Barrett as Group Head of HR. Liz joins on June 24, and brings over twenty years of experience in financial services. Liz replaces Karen Neffar who leaves Marex to pursue personal interests and other projects. Reporting to Ian Lowitt, Chief Executive Officer of Marex, Liz will be responsible for the global HR strategy and will be a member of the Executive Committee. Liz brings specific expertise in international business, organisational transformation and culture programmes. Liz joins from Eight Cubed, an HR consultancy, where she has spent the last