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Pepper Money Ltd ( (AU:PPM) ) just unveiled an announcement.
Pepper Money Ltd has announced a proposed issue of 42,027 ordinary fully paid securities, as per its recent filing with the Australian Securities Exchange (ASX). This move is part of a placement or other type of issue, which could potentially impact the company’s capital structure and market positioning. The announcement reflects Pepper Money’s ongoing efforts to enhance its financial standing and operational capacity, which may have implications for its stakeholders, including investors and clients.
The most recent analyst rating on (AU:PPM) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Pepper Money Ltd stock, see the AU:PPM Stock Forecast page.
More about Pepper Money Ltd
Pepper Money Ltd operates in the financial services industry, focusing on providing a range of lending products and services. The company is known for its offerings in the mortgage and personal loan sectors, catering to a diverse market that includes both individual and business clients.
Average Trading Volume: 261,729
Technical Sentiment Signal: Buy
Current Market Cap: A$998.7M
For a thorough assessment of PPM stock, go to TipRanks’ Stock Analysis page.