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Mitsubishi UFJ Financial Group Ceases Substantial Holding in Peninsula Energy

Story Highlights
  • Mitsubishi UFJ Financial Group no longer holds a substantial stake in Peninsula Energy.
  • Transactions by Morgan Stanley’s entity may affect Peninsula Energy’s shareholder structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Ceases Substantial Holding in Peninsula Energy

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The latest update is out from Peninsula Energy ( (AU:PEN) ).

Peninsula Energy Limited has announced that Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in the company. This change in holdings, involving various transactions including purchases, sales, and collateral returns by an entity controlled by Morgan Stanley, could impact Peninsula Energy’s shareholder structure and market perception.

The most recent analyst rating on (AU:PEN) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Peninsula Energy stock, see the AU:PEN Stock Forecast page.

More about Peninsula Energy

Average Trading Volume: 6,405,980

Technical Sentiment Signal: Sell

Current Market Cap: A$122.9M

See more insights into PEN stock on TipRanks’ Stock Analysis page.

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