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Monadelphous Group Gains New Substantial Holder

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Monadelphous Group Gains New Substantial Holder

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Monadelphous Group Limited ( (AU:MND) ) has provided an announcement.

Monadelphous Group Limited has announced a new substantial holder, with State Street Corporation and its subsidiaries acquiring a significant number of voting shares. This development indicates a strategic investment by State Street, potentially impacting Monadelphous Group’s market positioning and shareholder dynamics.

The most recent analyst rating on (AU:MND) stock is a Buy with a A$15.93 price target. To see the full list of analyst forecasts on Monadelphous Group Limited stock, see the AU:MND Stock Forecast page.

More about Monadelphous Group Limited

Average Trading Volume: 221,912

Technical Sentiment Signal: Buy

Current Market Cap: A$1.77B

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

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