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IDP Education Ltd. ( (AU:IEL) ) has issued an announcement.
IDP Education Ltd. has announced that Aware Super Pty Ltd, as trustee of Aware Super, has become a substantial holder in the company, with a voting power of 5.06% through the acquisition of 14,086,376 fully paid ordinary shares. This development indicates a significant investment by Aware Super, potentially impacting IDP Education’s shareholder structure and market perception, as it reflects confidence in the company’s future prospects.
The most recent analyst rating on (AU:IEL) stock is a Buy with a A$16.00 price target. To see the full list of analyst forecasts on IDP Education Ltd. stock, see the AU:IEL Stock Forecast page.
More about IDP Education Ltd.
Average Trading Volume: 4,080,484
Technical Sentiment Signal: Sell
Current Market Cap: A$1.12B
Find detailed analytics on IEL stock on TipRanks’ Stock Analysis page.