tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Soul Patts Increases Stake in Perpetual Limited

Story Highlights
Soul Patts Increases Stake in Perpetual Limited

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.

The latest update is out from Perpetual Limited ( (AU:PPT) ).

Washington H. Soul Pattinson and Company Limited, known as Soul Patts, has increased its voting power in Perpetual Limited from 5.36% to 6.49% through the acquisition of additional ordinary shares. This change in substantial holding reflects a strategic move by Soul Patts to strengthen its position in Perpetual Limited, potentially impacting the company’s market dynamics and stakeholder interests.

The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.40 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.

More about Perpetual Limited

Average Trading Volume: 314,359

Technical Sentiment Signal: Buy

Current Market Cap: A$2.41B

For a thorough assessment of PPT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1