---
title: "Magellan Financial Group Ltd (NNA) was downgraded to a Sell Rating at J.P. Morgan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282400878.md"
description: "J.P. Morgan downgraded Magellan Financial Group Ltd to a Sell rating with a price target of A$8.50, down from its last closing price of A$9.34. Analyst Siddharth Parameswaran, who has a 63.13% success rate, noted that the current consensus on the stock is a Hold with an average price target of €5.84."
datetime: "2026-04-11T02:25:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282400878.md)
  - [en](https://longbridge.com/en/news/282400878.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282400878.md)
generator: "portal-rs"
---

# Magellan Financial Group Ltd (NNA) was downgraded to a Sell Rating at J.P. Morgan

In a report released on April 9, Siddharth Parameswaran from J.P. Morgan downgraded Magellan Financial Group Ltd to a Sell, with a price target of A$8.50. The company’s shares closed last Thursday at A$9.34.

### Easter Sale - 70% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

According to TipRanks, Parameswaran is a 4-star analyst with an average return of 6.7% and a 63.13% success rate. Parameswaran covers the Financial sector, focusing on stocks such as Magellan Financial Group Ltd, Perpetual Limited, and AMP .

Currently, the analyst consensus on Magellan Financial Group Ltd is a Hold with an average price target of €5.84.

### Related Stocks

- [MFG.AU](https://longbridge.com/en/quote/MFG.AU.md)

## Related News & Research

- [Morgans downgrades Magellan Financial Group Ltd (NNA) to a Hold](https://longbridge.com/en/news/291735543.md)
- [Magellan Financial Group Ltd (NNA) Receives a Hold from J.P. Morgan](https://longbridge.com/en/news/280877198.md)
- [Northern Star Resources GAAP EPS of A$0.11, revenue of A$7.62B](https://longbridge.com/en/news/296522899.md)
- [Can Deterra Royalties (ASX:DRR) Justify Its Valuation On Strong FY2026 Results?](https://longbridge.com/en/news/296349201.md)
- [Ord Minnett Sticks to Its Buy Rating for Megaport (MGPPF)](https://longbridge.com/en/news/296725946.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**