Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Smartgroup Corporation Ltd ( (AU:SIQ) ) has provided an update.
Smartgroup Corporation Ltd has announced a significant change in its shareholder structure, with Mitsubishi UFJ Financial Group, Inc. (MUFG) now holding a substantial interest through its subsidiary, First Sentier Investors Holdings Pty Limited. This development indicates a shift in voting power and control over a significant number of shares, potentially impacting the company’s strategic direction and stakeholder interests.
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: 439,044
Technical Sentiment Signal: Buy
Current Market Cap: A$1.03B
See more insights into SIQ stock on TipRanks’ Stock Analysis page.