tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Allan Gray Australia Increases Stake in Australian Clinical Labs

Story Highlights
Allan Gray Australia Increases Stake in Australian Clinical Labs

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.

Australian Clinical Labs Ltd ( (AU:ACL) ) has provided an update.

Allan Gray Australia Pty Ltd, an investment manager, has increased its voting power in Australian Clinical Labs Ltd from 9.90% to 10.95%. This change in substantial holding reflects a strategic move by Allan Gray Australia, potentially impacting the company’s governance and influencing its strategic direction.

The most recent analyst rating on (AU:ACL) stock is a Buy with a A$4.25 price target. To see the full list of analyst forecasts on Australian Clinical Labs Ltd stock, see the AU:ACL Stock Forecast page.

More about Australian Clinical Labs Ltd

Australian Clinical Labs Ltd operates in the healthcare industry, primarily providing pathology services. The company focuses on delivering diagnostic services across Australia, catering to a wide range of medical testing needs.

Average Trading Volume: 971,985

Technical Sentiment Signal: Sell

Current Market Cap: A$546M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1