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The latest update is out from Abacus Property Group ( (AU:ABG) ).
Abacus Property Group announced a change in the director’s interest, with Steven Sewell acquiring 429,697 ordinary stapled securities while disposing of an equal number of LTI Rights. This transaction reflects an adjustment in the director’s holdings, potentially impacting the company’s governance and signaling confidence in the company’s future prospects.
The most recent analyst rating on (AU:ABG) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Abacus Property Group stock, see the AU:ABG Stock Forecast page.
More about Abacus Property Group
Abacus Property Group is a diversified property group involved in investment management and development. The company focuses on creating value through active management of its property portfolio, which includes commercial, retail, and industrial properties across Australia.
Average Trading Volume: 925,146
Technical Sentiment Signal: Buy
Current Market Cap: A$1.05B
For a thorough assessment of ABG stock, go to TipRanks’ Stock Analysis page.