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FleetPartners Group ( (AU:FPR) ) just unveiled an announcement.
Mitsubishi Motors Corporation has increased its minority investment in FleetPartners Group Limited, acquiring a 19.93% stake at $3.10 per share. Mitsubishi Motors has assured shareholders that it does not currently intend to take control or make a takeover offer for FleetPartners, indicating a strategic investment rather than an acquisition move.
The most recent analyst rating on (AU:FPR) stock is a Buy with a A$3.70 price target. To see the full list of analyst forecasts on FleetPartners Group stock, see the AU:FPR Stock Forecast page.
More about FleetPartners Group
YTD Price Performance: 1.86%
Average Trading Volume: 281,751
Technical Sentiment Signal: Hold
Current Market Cap: A$583.8M
See more data about FPR stock on TipRanks’ Stock Analysis page.