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The latest announcement is out from Ridley Corporation Limited ( (AU:RIC) ).
Ridley Corporation Limited has announced a significant change in its substantial holders, with State Street Bank and Trust Company and State Street Global Advisors, Australia, Limited acquiring a relevant interest in a large number of voting shares. This acquisition highlights a strategic move by these financial entities to strengthen their influence and position within the company, potentially impacting the company’s governance and future strategic decisions.
The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.
More about Ridley Corporation Limited
Average Trading Volume: 427,821
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$837M
See more insights into RIC stock on TipRanks’ Stock Analysis page.