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State Street Becomes Substantial Holder in Monadelphous Group

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State Street Becomes Substantial Holder in Monadelphous Group

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An update from Monadelphous Group Limited ( (AU:MND) ) is now available.

Monadelphous Group Limited has announced that State Street Corporation and its subsidiaries have become substantial holders in the company, with a voting power of 5.12%. This development indicates a significant investment and interest in Monadelphous by a major financial entity, which could impact the company’s market position and stakeholder interests.

The most recent analyst rating on (AU:MND) stock is a Buy with a A$15.93 price target. To see the full list of analyst forecasts on Monadelphous Group Limited stock, see the AU:MND Stock Forecast page.

More about Monadelphous Group Limited

Average Trading Volume: 255,553

Technical Sentiment Signal: Buy

Current Market Cap: A$1.71B

Learn more about MND stock on TipRanks’ Stock Analysis page.

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