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360 Capital Group Limited ( (AU:TGP) ) has shared an update.
360 Capital Group announced the retirement of its Founder and Executive Chairman, Tony Pitt, following the conclusion of TT Investment’s takeover offer. Pitt plans to transition to a non-executive role and focus on private equity real estate investing outside the Group. This move marks a significant leadership change, with the CEO and CFO expected to assume day-to-day responsibilities, potentially impacting the company’s strategic direction and operations.
The most recent analyst rating on (AU:TGP) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on 360 Capital Group Limited stock, see the AU:TGP Stock Forecast page.
More about 360 Capital Group Limited
360 Capital Group is an ASX-listed investment and funds management group specializing in strategic and active management of real estate assets. The company operates in Australia, focusing on real estate equity and credit opportunities, and collaborates with stakeholders to identify and capitalize on investment opportunities.
YTD Price Performance: 35.96%
Average Trading Volume: 702,608
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$57.6M
See more data about TGP stock on TipRanks’ Stock Analysis page.