Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Imdex Ltd ( (AU:IMD) ) has shared an update.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Imdex Limited, as detailed in a recent notice. The change in substantial holding was due to the purchase of securities by an entity controlled by Morgan Stanley, impacting the voting rights and share distribution within the company.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
More about Imdex Ltd
YTD Price Performance: 15.68%
Average Trading Volume: 1,067,246
Technical Sentiment Signal: Buy
Current Market Cap: A$1.37B
Find detailed analytics on IMD stock on TipRanks’ Stock Analysis page.