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The latest announcement is out from Karoon Energy Ltd ( (AU:KAR) ).
Mitsubishi UFJ Financial Group, Inc. has increased its voting power in Karoon Energy Ltd, a company in the energy sector, from 6.52% to 7.72%, reflecting a significant change in its substantial holding. This change in voting power may affect the company’s governance and decision-making processes, potentially impacting stakeholders and the company’s strategic direction.
The most recent analyst rating on (AU:KAR) stock is a Buy with a A$1.85 price target. To see the full list of analyst forecasts on Karoon Energy Ltd stock, see the AU:KAR Stock Forecast page.
More about Karoon Energy Ltd
YTD Price Performance: 41.26%
Average Trading Volume: 5,284,179
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.4B
For an in-depth examination of KAR stock, go to TipRanks’ Overview page.