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UBS Reduces Stake in Gentrack Group Ltd

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Gentrack Group Ltd ( (AU:GTK) ) has provided an announcement.

Gentrack Group Ltd, a company listed on the NZX, has experienced a change in its substantial shareholding. UBS Group AG and its related bodies corporate have reduced their holding in Gentrack Group Ltd from 5.05% to 4.94%, as disclosed in a recent filing. This reduction in shareholding indicates a minor adjustment in UBS’s investment position in the company, which may have implications for market perception and investor confidence.

The most recent analyst rating on (AU:GTK) stock is a Buy with a A$12.80 price target. To see the full list of analyst forecasts on Gentrack Group Ltd stock, see the AU:GTK Stock Forecast page.

More about Gentrack Group Ltd

Average Trading Volume: 198,201

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.16B

See more data about GTK stock on TipRanks’ Stock Analysis page.

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