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Paladin Energy Ltd ( (AU:PDN) ) has provided an announcement.
Paladin Energy Ltd has announced that JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in the company. This change involves various transactions and securities lending agreements conducted by JPMorgan’s subsidiaries, affecting a significant number of ordinary shares. The announcement indicates a shift in the ownership structure of Paladin Energy Ltd, which could impact the company’s market dynamics and stakeholder interests.
The most recent analyst rating on (AU:PDN) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Paladin Energy Ltd stock, see the AU:PDN Stock Forecast page.
More about Paladin Energy Ltd
Average Trading Volume: 4,330,010
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.83B
Learn more about PDN stock on TipRanks’ Stock Analysis page.