Pendal Group Ltd said on Tuesday that the A$2.40 billion ($1.78 billion) non-binding takeover offer from asset manager Perpetual Ltd “significantly undervalued” the investment manager. Australian.
Pendal added that the offer was not in the best interest of its shareholders.
($1 = 1.3477 Australian dollars)
Marketzone with Reuters 2022
Financial data
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Trends technical analysis PENDAL GROUP LIMITED
Short term | Middle term | Long term | |
Trends | bullish | bearish | bearish |
Evolution of the Income Statement
Sale ![]() Purchase | |
Average recommendation | TO BUY |
Number of Analysts | 12 |
Last Closing Price | $5.30 |
Average price target | $7.07 |
Deviation / Average Target | 33.5% |
Officers and Directors