Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Imdex Ltd ( (AU:IMD) ) has issued an announcement.
Morgan Stanley and its subsidiaries have become substantial holders in Imdex Ltd, acquiring a 5.02% voting power with 25,682,080 ordinary shares. This acquisition highlights Morgan Stanley’s strategic interest in Imdex, potentially influencing the company’s market dynamics and stakeholder interests.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
More about Imdex Ltd
Average Trading Volume: 1,076,950
Technical Sentiment Signal: Buy
Current Market Cap: A$1.37B
For a thorough assessment of IMD stock, go to TipRanks’ Stock Analysis page.