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Mitsubishi UFJ Gains Substantial Holding in Smartgroup

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Mitsubishi UFJ Gains Substantial Holding in Smartgroup

Elevate Your Investing Strategy:

The latest update is out from Smartgroup Corporation Ltd ( (AU:SIQ) ).

Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in Smartgroup Corporation Ltd, with significant voting power through its interests in Morgan Stanley and First Sentier Group Limited. This development indicates Mitsubishi UFJ’s strategic positioning and influence in the financial sector, potentially impacting Smartgroup’s governance and decision-making processes.

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

Average Trading Volume: 441,761

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.07B

Learn more about SIQ stock on TipRanks’ Stock Analysis page.

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