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Atturra Limited ( (AU:ATA) ) just unveiled an update.
Atturra Limited, through its subsidiary Cirrus Networks Holdings, is set to acquire Blue Connections Pty Ltd, a prominent managed services provider and systems integrator. This acquisition is expected to enhance Atturra’s capabilities in managed services, expand its client base, and broaden its market reach, particularly in Victoria, Australia. The acquisition aligns with Atturra’s strategic focus on scaling its managed services capabilities and is anticipated to contribute significantly to its earnings in the coming years.
The most recent analyst rating on (AU:ATA) stock is a Buy with a A$1.28 price target. To see the full list of analyst forecasts on Atturra Limited stock, see the AU:ATA Stock Forecast page.
More about Atturra Limited
Atturra Limited is an ASX-listed technology business that provides a range of enterprise advisory, consulting, IT services, and solutions. The company focuses on industries such as local government, utilities, education, defense, federal government, financial services, and manufacturing. Atturra partners with leading global providers, including Microsoft, Cisco, and SAP, serving some of the largest public and private sector organizations in Australia.
Average Trading Volume: 107,789
Technical Sentiment Signal: Sell
Current Market Cap: A$303.6M
See more insights into ATA stock on TipRanks’ Stock Analysis page.