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AustralianSuper Increases Stake in Medibank Private

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Medibank Private ( (AU:MPL) ) just unveiled an update.

AustralianSuper Pty Ltd has increased its voting power in Medibank Private Limited from 5.57% to 6.73%, reflecting a significant change in its stake in the company. This change in substantial holding could influence Medibank’s shareholder dynamics and potentially impact its strategic decisions, highlighting AustralianSuper’s growing influence in the company’s governance.

The most recent analyst rating on (AU:MPL) stock is a Hold with a A$3.80 price target. To see the full list of analyst forecasts on Medibank Private stock, see the AU:MPL Stock Forecast page.

More about Medibank Private

Medibank Private Limited operates in the health insurance industry, providing a range of health insurance products and services to individuals and families. The company focuses on offering comprehensive health coverage and related services to its customers in Australia.

Average Trading Volume: 8,445,281

Technical Sentiment Signal: Buy

Current Market Cap: A$12.94B

Find detailed analytics on MPL stock on TipRanks’ Stock Analysis page.

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