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Challenger Limited Alters Stake in IRESS Limited

Story Highlights
  • IRESS Limited reports a change in substantial holder interests involving Challenger Limited.
  • Challenger Limited’s voting power in IRESS Limited has decreased, affecting its influence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

IRESS Limited ( (AU:IRE) ) just unveiled an update.

IRESS Limited, a company in the financial technology sector, has announced a change in the interests of a substantial holder, Challenger Limited, and its associated entities. This change involves various nominees such as J.P. Morgan, BNP Paribas, HSBC, and Citicorp, affecting the voting power and number of shares held. The notice indicates a decrease in the voting power of Challenger Limited, which may impact its influence within IRESS Limited.

The most recent analyst rating on (AU:IRE) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

More about IRESS Limited

Average Trading Volume: 950,001

Technical Sentiment Signal: Sell

Current Market Cap: A$1.57B

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

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