Soul Patts Increases Stake in Propel Funeral Partners

Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has provided an update.

Washington H. Soul Pattinson and Company Limited has increased its voting power in Propel Funeral Partners Limited from 2.78% to 3.82%, reflecting a strategic move to strengthen its position in the company. This change signifies an increased influence in Propel Funeral Partners, potentially impacting the company’s future decisions and strategies, and indicating Soul Patts’ confidence in the funeral services sector.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.

More about Washington H. Soul Pattinson and Co.

Washington H. Soul Pattinson and Company Limited (Soul Patts) is a diversified investment house based in Australia. The company engages in a wide range of industries including telecommunications, building materials, resources, and financial services, focusing on long-term investments and value creation.

Average Trading Volume: 437,026

Technical Sentiment Signal: Buy

Current Market Cap: A$13.83B

For an in-depth examination of SOL stock, go to TipRanks’ Stock Analysis page.