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Austal ( (AU:ASB) ) just unveiled an announcement.
Austal Limited has announced a change in its substantial holding status, with State Street Corporation and its subsidiaries ceasing to be substantial holders as of September 12, 2025. This change may impact Austal’s shareholder dynamics and influence in the market, as State Street Corporation’s involvement in voting securities has altered, potentially affecting the company’s governance and strategic decisions.
The most recent analyst rating on (AU:ASB) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Austal stock, see the AU:ASB Stock Forecast page.
More about Austal
Average Trading Volume: 1,192,847
Technical Sentiment Signal: Buy
Current Market Cap: A$3.36B
For detailed information about ASB stock, go to TipRanks’ Stock Analysis page.