Marex Group (MRX)

• Market cap: $2.12B
• 1 day: 4.79%
• 5 days: -1.50%
• 1 month: 4.39%
• 3 months: 29.31%
• 6 months: 54.77%
• Year to date: 58.93%
• 1 year: 58.93%
• 5 years: 58.93%
• 10 years: 58.93%

About: Marex Group PLC is a company that offers a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. It provides critical services to the clients by connecting them to global exchanges and providing a range of execution and hedging services across a range of its asset and products. They operate in a large and fragmented market with significant infrastructure requirements and regulatory and technological complexity, resulting in high barriers to entry.

Employees: 2,074

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

63% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 16

33% more capital invested

Capital invested by funds: $298M [Q2] → $395M (+$97.7M) [Q3]

16% more funds holding

Funds holding: 61 [Q2] → 71 (+10) [Q3]

2.56% more ownership

Funds ownership: 21.02% [Q2] → 23.59% (+2.56%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 19

38% less call options, than puts

Call options by funds: $255K | Put options by funds: $408K

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $32 6% upside
• Avg. target: $34 13% upside
• High target: $36 19% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Keefe, Bruyette & Woods Kyle Voigt 83% 1-year accuracy 20 / 24 met price target	19% upside $36	Outperform Maintained	20 Dec 2024
Barclays Benjamin Budish 69% 1-year accuracy 72 / 104 met price target	16% upside $35	Overweight Maintained	9 Dec 2024
HSBC Carlos Gomez-Lopez 0% 1-year accuracy 0 / 1 met price target	9% upside $33	Buy Initiated	21 Nov 2024
Piper Sandler Patrick Moley 78% 1-year accuracy 31 / 40 met price target	6% upside $32	Overweight Maintained	8 Nov 2024
Citigroup Chris Allen 100% 1-year accuracy 4 / 4 met price target	13% upside $34	Buy Reinstated	6 Nov 2024