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Kelsian Group Limited ( (AU:KLS) ) has provided an update.
JPMorgan Chase & Co. and its affiliates have become substantial holders in Kelsian Group Ltd, acquiring a 5.32% voting power with 14,439,746 ordinary shares. This acquisition indicates a significant stake in Kelsian Group, potentially impacting its market operations and signaling confidence from a major financial institution, which could influence stakeholder perceptions and the company’s strategic direction.
The most recent analyst rating on (AU:KLS) stock is a Buy with a A$6.10 price target. To see the full list of analyst forecasts on Kelsian Group Limited stock, see the AU:KLS Stock Forecast page.
More about Kelsian Group Limited
Average Trading Volume: 1,126,017
Technical Sentiment Signal: Sell
Current Market Cap: A$1.03B
Find detailed analytics on KLS stock on TipRanks’ Stock Analysis page.