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Ingenia Communities Group ( (AU:INA) ) just unveiled an update.
Ingenia Communities Group has received a request from Consumer Affairs Victoria for information and documents related to cooking facilities at its seven Ingenia Gardens rental communities in Victoria, citing potential contraventions of the Residential Tenancies Act and Australian Consumer Law. In response, Ingenia is reviewing its compliance obligations and taking steps to ensure full regulatory compliance, demonstrating its commitment to customer obligations and regulatory adherence.
The most recent analyst rating on (AU:INA) stock is a Buy with a A$7.10 price target. To see the full list of analyst forecasts on Ingenia Communities Group stock, see the AU:INA Stock Forecast page.
More about Ingenia Communities Group
Ingenia Communities Group is a leading operator, owner, and developer of communities offering quality affordable rental and holiday accommodation focused on the growing seniors’ market in Australia. Listed on the Australian Securities Exchange, the Group is included in the S&P/ASX 200 with a market capitalization of over $2 billion, managing 100 communities and development sites across various segments such as Ingenia Lifestyle, Ingenia Gardens, Ingenia Holidays, and Ingenia Rental.
Average Trading Volume: 1,218,016
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.27B
For a thorough assessment of INA stock, go to TipRanks’ Stock Analysis page.