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The latest announcement is out from Smartgroup Corporation Ltd ( (AU:SIQ) ).
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Smartgroup Corporation Limited. This change in substantial holding is due to the purchase of securities by an entity controlled by Morgan Stanley, affecting the voting securities of the company. This development may impact the company’s shareholder structure and influence its market dynamics.
The most recent analyst rating on (AU:SIQ) stock is a Hold with a A$9.50 price target. To see the full list of analyst forecasts on Smartgroup Corporation Ltd stock, see the AU:SIQ Stock Forecast page.
More about Smartgroup Corporation Ltd
YTD Price Performance: 2.62%
Average Trading Volume: 459,082
Technical Sentiment Signal: Buy
Current Market Cap: A$1.04B
Find detailed analytics on SIQ stock on TipRanks’ Stock Analysis page.