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An announcement from Sigma Healthcare Ltd ( (AU:SIG) ) is now available.
Sigma Healthcare Ltd has completed a transformative merger with Chemist Warehouse, marking a pivotal moment in its history. This merger, which has significantly increased Sigma’s market value and placed it among the top 20 companies on the ASX, aims to leverage the strengths of both companies to enhance retail expertise, product offerings, and shareholder value. The merger has already exceeded expectations, with upgraded synergy targets and reduced net debt, providing Sigma with substantial growth potential and improved access to capital markets.
The most recent analyst rating on (AU:SIG) stock is a Hold with a A$3.10 price target. To see the full list of analyst forecasts on Sigma Healthcare Ltd stock, see the AU:SIG Stock Forecast page.
More about Sigma Healthcare Ltd
Sigma Healthcare Ltd is a prominent player in the Australian healthcare industry, primarily engaged in pharmaceutical wholesaling and retail pharmacy franchising. The company has recently merged with Chemist Warehouse, combining its logistics and warehousing expertise with Chemist Warehouse’s retail and marketing strengths to create a leading retail pharmacy franchisor and full-line pharmaceutical wholesaler.
Average Trading Volume: 22,463,299
Technical Sentiment Signal: Buy
Current Market Cap: A$34.11B
See more data about SIG stock on TipRanks’ Stock Analysis page.