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The latest update is out from Magellan Financial Group Ltd ( (AU:MFG) ).
Magellan Financial Group Ltd has announced that it has ceased to be a substantial holder in Peter Warren Automotive Holdings Limited as of July 23, 2025. This change reflects a shift in Magellan’s investment strategy or portfolio adjustments, potentially impacting its influence in the automotive sector and signaling a realignment of its investment priorities.
The most recent analyst rating on (AU:MFG) stock is a Sell with a A$8.20 price target. To see the full list of analyst forecasts on Magellan Financial Group Ltd stock, see the AU:MFG Stock Forecast page.
More about Magellan Financial Group Ltd
Magellan Financial Group Ltd is a company involved in financial services, focusing on investment management. It operates in the financial sector, providing investment solutions and managing funds for various clients.
Average Trading Volume: 685,352
Technical Sentiment Signal: Buy
Current Market Cap: A$1.79B
Learn more about MFG stock on TipRanks’ Stock Analysis page.