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Challenger Limited Increases Stake in Smartgroup Corporation

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Challenger Limited Increases Stake in Smartgroup Corporation

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Smartgroup Corporation Ltd ( (AU:SIQ) ) has provided an announcement.

Challenger Limited has announced a change in its substantial holding in Smartgroup Corporation Ltd, increasing its voting power from 5.04% to 6.07%. This change in interest, involving various entities associated with Challenger Limited, reflects a strategic adjustment in its investment portfolio, potentially impacting Smartgroup’s shareholder dynamics and market perception.

The most recent analyst rating on (AU:SIQ) stock is a Hold with a A$9.50 price target. To see the full list of analyst forecasts on Smartgroup Corporation Ltd stock, see the AU:SIQ Stock Forecast page.

More about Smartgroup Corporation Ltd

Average Trading Volume: 435,711

Technical Sentiment Signal: Hold

Current Market Cap: A$989.2M

For detailed information about SIQ stock, go to TipRanks’ Stock Analysis page.

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