Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Saunders International Limited ( (AU:SND) ).
Saunders International Limited has completed its acquisition of Aqua Metro, a leading company in the water industry known for its design, engineering, and project execution capabilities. This acquisition, valued at up to $30 million, aligns with Saunders’ strategy to expand its presence in the water sector, enhancing its multidisciplinary project delivery by integrating Aqua Metro’s expertise. The acquisition is expected to bolster Saunders’ market positioning by combining Aqua Metro’s established relationships with utilities and government agencies with Saunders’ existing capabilities in tank construction, pipework, and control systems.
The most recent analyst rating on (AU:SND) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Saunders International Limited stock, see the AU:SND Stock Forecast page.
More about Saunders International Limited
Saunders International Limited (ASX: SND) is a multidisciplinary Australian company that provides engineering, construction, and industrial asset services across the complete asset lifecycle. The company specializes in bulk liquid storage and transfer, structural, mechanical and piping (SMP), industrial automation and electrical, civil infrastructure, and industrial asset services. Saunders serves clients across various sectors, including Defence & Government, Energy, Water, Resources, and Industrials.
Average Trading Volume: 42,113
Technical Sentiment Signal: Hold
Current Market Cap: A$107.1M
For an in-depth examination of SND stock, go to TipRanks’ Overview page.