---
title: "Morgans downgrades Magellan Financial Group Ltd (NNA) to a Hold"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291735543.md"
description: "Morgans analyst Richard Coles downgraded Magellan Financial Group Ltd to a Hold rating with an A$11.29 price target on July 4. This follows UBS issuing a Hold rating on July 3, while J.P. Morgan maintained its Sell rating from July 2. The coverage highlights the financial sector focus of these analysts."
datetime: "2026-07-06T00:35:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291735543.md)
  - [en](https://longbridge.com/en/news/291735543.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291735543.md)
generator: "portal-rs"
---

# Morgans downgrades Magellan Financial Group Ltd (NNA) to a Hold

Magellan Financial Group Ltd received a Hold rating and an A$11.29 price target from Morgans analyst Richard Coles today.

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Coles covers the Financial sector, focusing on stocks such as Magellan Financial Group Ltd, Navigator Global Investments Ltd, and Suncorp Group. According to TipRanks, Coles has an average return of 7.6% and a 53.72% success rate on recommended stocks. 

In addition to Morgans, Magellan Financial Group Ltd also received a Hold from UBS’s Shreyas Patel CFA in a report issued on July 3. However, on July 2, J.P. Morgan maintained a Sell rating on Magellan Financial Group Ltd (Frankfurt: NNA).

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## Related News & Research

- [Magellan Financial Group Ltd (NNA) was downgraded to a Sell Rating at J.P. Morgan](https://longbridge.com/en/news/282400878.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**