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Ampol Limited ( (AU:ALD) ) just unveiled an update.
Ampol Limited has announced its proposed acquisition of EG Group Australia, a move that could significantly impact its market positioning by expanding its retail footprint. This strategic acquisition is expected to enhance Ampol’s operational capabilities and strengthen its competitive edge in the Australian fuel retail market.
The most recent analyst rating on (AU:ALD) stock is a Buy with a A$31.40 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.
More about Ampol Limited
Ampol Limited is a prominent player in the energy sector, primarily focusing on fuel retailing and refining services. The company is known for its extensive network of service stations across Australia, catering to both individual consumers and businesses.
Average Trading Volume: 790,940
Technical Sentiment Signal: Hold
Current Market Cap: A$6.49B
See more insights into ALD stock on TipRanks’ Stock Analysis page.