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The latest update is out from EFG International AG ( (CH:EFGN) ).
EFG International’s subsidiary, Shaw and Partners, has agreed to acquire a 75% stake in New Zealand-based Investment Services Group for NZD 67.5 million. This acquisition, subject to regulatory approval, aims to expand EFG’s presence in the investment management sector, enhancing its market positioning and offering significant growth opportunities in the region.
The most recent analyst rating on (CH:EFGN) stock is a Hold with a CHF12.70 price target. To see the full list of analyst forecasts on EFG International AG stock, see the CH:EFGN Stock Forecast page.
More about EFG International AG
EFG International is a global private banking group headquartered in Zurich, offering private banking and asset management services. The company operates in over 40 locations worldwide and is listed on the SIX Swiss Exchange.
Average Trading Volume: 341,379
Current Market Cap: CHF4.38B
See more data about EFGN stock on TipRanks’ Stock Analysis page.