Perpetual
Stock Code
Stock Exchange
Perpetual Limited (PPT) is a company engaged in offering services such as financial advice, managed investment fund, wealth management, trustee, and family and superannuation management. PPT was listed on the Australian Stock Exchange on the 2nd of November 1988. Its average annual revenue reaches approximately $466 million out of its issued capital of approximately $38 million. Its headquarters is located in Sydney, Australia and to date; around 824 people are employed in the company. Perpetual Limited operates mainly in two business segments: wealth management and corporate trust.
Macquarie Research Equities (MRE) has triggered an upgrade on recommendation for Perpetual (PPT) due to a strong market. MRE have a 12-month price target of $74.50 but this figure can be further revised upwards if market continues its strong performance.
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