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IPH Ltd. ( (AU:IPH) ) just unveiled an announcement.
IPH Ltd. has announced that Marathon Asset Management Limited has become a substantial holder in the company. This development signifies a notable shift in the company’s shareholder structure, with Marathon Asset Management Limited acquiring a significant voting power of 5.35% through the acquisition of 13,935,295 ordinary shares. This could potentially impact IPH Ltd.’s strategic decisions and influence its market positioning.
The most recent analyst rating on (AU:IPH) stock is a Buy with a A$7.11 price target. To see the full list of analyst forecasts on IPH Ltd. stock, see the AU:IPH Stock Forecast page.
More about IPH Ltd.
Average Trading Volume: 1,067,986
Technical Sentiment Signal: Sell
Current Market Cap: A$1.3B
For detailed information about IPH stock, go to TipRanks’ Stock Analysis page.