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OFX Group Ltd. ( (AU:OFX) ) just unveiled an update.
OFX Group Ltd. has announced that Mitsubishi UFJ Financial Group (MUFG) now holds a substantial interest in the company through its subsidiary, First Sentier Investors Holdings Pty Limited. This development signifies a strategic move by MUFG to strengthen its influence within the financial services sector, potentially impacting OFX Group’s market positioning and stakeholder interests.
The most recent analyst rating on (AU:OFX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on OFX Group Ltd. stock, see the AU:OFX Stock Forecast page.
More about OFX Group Ltd.
Average Trading Volume: 737,688
Technical Sentiment Signal: Sell
Current Market Cap: A$177.2M
Find detailed analytics on OFX stock on TipRanks’ Stock Analysis page.