Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest announcement is out from Perpetual Limited ( (AU:PPT) ).
Macquarie Group Limited has become a substantial holder in Perpetual Limited, acquiring a significant voting power of 5% through various controlled entities. This move indicates Macquarie’s strategic interest in Perpetual Limited, potentially impacting the company’s governance and decision-making processes, and signaling a notable shift in shareholder dynamics.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.40 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
More about Perpetual Limited
Average Trading Volume: 380,803
Technical Sentiment Signal: Sell
Current Market Cap: A$2.05B
See more insights into PPT stock on TipRanks’ Stock Analysis page.