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Inghams Group Ltd. ( (AU:ING) ) has shared an update.
Inghams Group Ltd. has announced a significant change in its shareholder structure, with Mitsubishi UFJ Financial Group (MUFG) becoming a substantial holder. MUFG, through its subsidiary First Sentier Group Limited, now has a relevant interest in a significant number of Inghams’ voting shares. This development indicates a strategic move by MUFG to increase its influence within Inghams Group Ltd., potentially impacting the company’s governance and future strategic decisions.
The most recent analyst rating on (AU:ING) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.
More about Inghams Group Ltd.
Average Trading Volume: 1,192,193
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.34B
See more data about ING stock on TipRanks’ Stock Analysis page.