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IDP Education Ltd. ( (AU:IEL) ) has provided an update.
IDP Education Ltd. has experienced a change in the substantial holding of its voting shares, as JPMorgan Chase & Co. and its affiliates have increased their voting power from 5.48% to 7.05%. This change reflects a significant shift in the company’s shareholder structure, potentially impacting its market influence and decision-making processes. The increase in voting power is attributed to various transactions, including securities lending and purchases by different JPMorgan entities, highlighting the dynamic nature of financial holdings and their implications for stakeholders.
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: 4,029,336
Technical Sentiment Signal: Sell
Current Market Cap: A$1.12B
See more insights into IEL stock on TipRanks’ Stock Analysis page.