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Soul Patts Increases Stake in Propel Funeral Partners

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Soul Patts Increases Stake in Propel Funeral Partners

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Propel Funeral Partners Ltd. ( (AU:PFP) ) has provided an announcement.

Washington H. Soul Pattinson and Company Limited (Soul Patts) has increased its voting power in Propel Funeral Partners Ltd. from 2.78% to 3.82%, reflecting a significant change in its stake in the company. This change in substantial holding indicates a growing interest and confidence in Propel Funeral Partners by Soul Patts, potentially impacting the company’s market positioning and signaling positive implications for stakeholders.

The most recent analyst rating on (AU:PFP) stock is a Buy with a A$6.40 price target. To see the full list of analyst forecasts on Propel Funeral Partners Ltd. stock, see the AU:PFP Stock Forecast page.

More about Propel Funeral Partners Ltd.

Propel Funeral Partners Ltd. operates in the funeral services industry, providing funeral services and related products. The company is focused on delivering compassionate and professional services to families during their times of need.

Average Trading Volume: 315,383

Technical Sentiment Signal: Sell

Current Market Cap: A$615.4M

For detailed information about PFP stock, go to TipRanks’ Stock Analysis page.

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