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Perenti Global ( (AU:PRN) ) has provided an update.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Perenti Limited as of November 13, 2025. This change in substantial holding involves multiple transactions of fully paid ordinary shares, primarily facilitated by entities controlled by Morgan Stanley and First Sentier Group Limited. The divestment reflects a strategic shift in Mitsubishi UFJ Financial Group’s investment portfolio, potentially impacting Perenti Limited’s shareholder structure and market perception.
The most recent analyst rating on (AU:PRN) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Perenti Global stock, see the AU:PRN Stock Forecast page.
More about Perenti Global
Average Trading Volume: 4,986,391
Technical Sentiment Signal: Buy
Current Market Cap: A$2.54B
For an in-depth examination of PRN stock, go to TipRanks’ Overview page.